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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?

To: AlienTech who wrote (13152)	7/29/1999 5:12:00 PM
From: marc chatman	Read Replies (2) \| Respond to of 13456

APM down 10% today, to 1 3/4. Longs who bought at 1 1/2 actually fared quite well. <g> And here's a nice note from Craig and the boys (from the earnings release last week): "Cash and equivalents at July 3, 1999, were $6.0 million, a decrease from the $20.2 million reported on April 3, 1999. Since the quarter-end, the company received $25.0 million from a transaction with Kennilworth Partners II LP." Amazing -- someone actually pumped some money into this company. That should keep it afloat until Christmas. I wonder whether CC had to put up his scuba gear as collateral.