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


To: Braddock Bull who wrote (352)11/3/1997 12:07:00 PM
From: charles@nagshead  Read Replies (1) | Respond to of 1923
 
Anyone have Real-Time qoutes, I notice we're no longer on top % gainers?!?



To: Braddock Bull who wrote (352)11/3/1997 12:08:00 PM
From: Ryvers  Read Replies (1) | Respond to of 1923
 
Just talked again to Schwab. Just a name change so far, but Schwab is going to call the company, and then call me back - they show no record of a "reverse split", share swap, etc.

Ryvers



To: Braddock Bull who wrote (352)11/3/1997 12:16:00 PM
From: Doug R  Read Replies (2) | Respond to of 1923
 
The conversion will not be a reverse split. It only seems that way. The deal between the cos. is a reverse merger and the newco. outstanding shares will be 1/10 that of LUNN's outstanding. If there were no merger and LUNN did the conversion on their own, THAT would be a reverse split. ATPX is a much bigger co. than LUNN was and as such ATPX is an entirely different entity with an entirely different set of circumstances regarding their shares. The newco has stated they will be applying for an NNM listing and this could only occur after the intended conversion. There will be a conversion. The red tape will clear out and everything will occur as planned.
The current price is now at the original short-term target from the first TA done in the DIS LUNN report. Have a nice day.

Doug R



To: Braddock Bull who wrote (352)11/3/1997 1:24:00 PM
From: Bruce Stenberg II  Respond to of 1923
 
I have a datek account, and they just let me purchase shares of lunn...
I wonder what will happen with that? I already had shares which transfered over to atpx, but when I went to put a but order in for lunn it took, and gave me those shares.

What does this mean???