SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge. -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (44)10/30/1997 11:23:00 AM
From: Emec  Read Replies (1) | Respond to of 1923
 
Ken, your numbers make sense asuming that combined earnings of the two companies will be $1.00. It is possible that the market will assign a higher PE than 20. There are some in the industry with 30. Imagine the $$$ if that happens.



To: Ken W who wrote (44)10/30/1997 3:10:00 PM
From: Jack Ucci  Read Replies (1) | Respond to of 1923
 
Ken, A calculator quibble: Buying Lunn for 1500 and selling it for 1900 provides a gain of 400 for sure but as for % gain the calculation should be 400/1500 = 26.7 %.

I have no feeling about the postmerger stock price, so we shall have to wait to see the outcome--if indeed these calculations resemble the reality.