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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge. -- Ignore unavailable to you. Want to Upgrade?


To: Cornstock who wrote (262)11/3/1997 10:42:00 AM
From: ivan solotaroff  Read Replies (2) | Respond to of 1923
 
PEG:

ATPX is selling stock, not LUNN. At 7/8, the stock is up 3/8. E!!!O!!!M!!!
Translation: This is a kick-A$$ day.



To: Cornstock who wrote (262)11/3/1997 10:44:00 AM
From: Andre Daedone  Respond to of 1923
 
Hi Peg:
Small world. I am on vacation and must go diving soon. I have owned LUNN for sometime but what is happening with this conversion crapola. Everyone seems confused.

Andre'



To: Cornstock who wrote (262)11/3/1997 10:49:00 AM
From: Emec  Respond to of 1923
 
Peg, you are correct. There is a mistake and it ws a mistake on all of our part thinking that the stock would open with a 10x multiple. A lesson learned. Long term investors who purchased more this morning should end up OK but short term traders looking for a quick play who did not buy more are SOL.