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Microcap & Penny Stocks : ATEC Group. Huge growth with PE of 12.5! -- Ignore unavailable to you. Want to Upgrade?

To: tony mendoza who wrote (851)	10/29/1997 12:41:00 PM
From: rt1^	Read Replies (1) \| Respond to of 1298

Tony, This is old news I know, last thursday I think, but whatever, if the company is straight then they will release tommorow the earning which if they follow suit should make for a fairly decent afternoon today. I re-bought yesterday at 1 1/32, (see my trading schematic post way back when), I will probably exit prior to the news and then sit idle till the split then short it, take my 20-25% and take it off my screen. But For Now, ATEC Group Inc. Ranks Among Top 10 Public Companies on Long Island Fast 50 Technology List BusinessWire, Thursday, October 23, 1997 at 07:35 HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Oct. 23, 1997--ATEC Group Inc. (NASDAQ:ATEC) announced that the company has received prestigious recognition by the Long Island Fast 50 Technology program as one of the fastest growing technology companies on Long Island. Rankings in the program, which are contingent on a company's 5-year revenue growth from 1992 to 1996, have placed ATEC as one of the top 10 public, and as one of the top 15 overall (including private companies), companies which are profitable, innovative and positioned for the future. As a participant in the Regional Fast 50's, ATEC is now eligible for the National Fast 500 program in November. This is Long Island's first year in the Regional Fast 50 program, which is in place in 16 states, and they are sponsored by such notables as Deloitte & Touche, L.L.P., The Bank of New York, The Nasdaq Stock Market Inc., Newsday and State University of New York at Stony Brook. Surinder Rametra, CEO of ATEC, stated: "As announced in September, ATEC's revenues for the fiscal year ended June 30, 1997 increased 23 percent to $100,800,000 and earnings per share doubled to $.06. This ranking of ATEC acknowledges that the company is poised for future growth and reflects its strategic position in the technology industry." ATEC Group Inc. is a leading system integrator and provider of a full line of information technology products and services to business, professionals, government agencies and educational institutions. ATEC offers leading computer hardware, software, connectivity devices, multimedia products, data communication via satellite, video conferencing, Internet, Intranet and Y2K solutions to their clients. CONTACT: Continental Capital & Equity Corp., Maitland, Fla. Michael Irving, 407/875-1110 or ATEC Group Inc., Hauppauge Surinder Rametra, 516/231-2832 (ATEC) KEYWORD: NEW YORK INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 1997, Business Wire FWIW rt