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

To: wielandhl who wrote (432)	11/3/1997 3:02:00 PM
From: Eric Van Buskirk	Read Replies (2) \| Respond to of 1923

Could this huge gain today be due to clueless buyers who think they're getting shares of the NEWCO at these prices? Based on Lunns trading in the 1 1/2 range over past couple weeks (rough) ATPX should open tomorrow X 10 at 15 But, of course when it opens it gains deserved attention and people relize what I great opportunity it is so they look at a former fair value for lunn as 1 3/4 and a fair ATPX Bid tomorrow at 10 X 1 3/4. But we're trading near 2 for an open tomorrow at about 20. Couldn't some of this gain today be due to people buying who don't understand what's going on (this isn't a reverse split, the price today as reflecting the pre NEWCO adjustment, etc...) They may have overpriced the stock short term (next 2 days) I'm seriously thinking of shorting ATPX today for a couple of days, watching the price drop from 20 tomorrow to maybe 17 or 18 , and then going long 'cause this is an excellent long term hold Feedback Please. Watch the flames. I'm not in a combative mood today. Thanks, EVB

To: wielandhl who wrote (432)	11/3/1997 3:22:00 PM
From: Emec	Respond to of 1923

I just spoke with Liza also-very nice lady. She is handling cals for the CFO. Answer was that company will trade tomorrow at post merger price (whatever that turns out to be). Iasked her whether the 1:10 was still the deal and she said that nothing has changed form the 8K. I asker her about press releases and she seemed to think one had been released today already. I asker her if she meant the one on Friday regarding the name change and she said no. From her tone, I gathered it was something more significant. She said it should come out soon. I just checked Bloomberg and nothing out yet. I think we might see something today. Hopefully huuuuuuuge contracts.