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


To: sandytoes who wrote (576)11/4/1997 12:07:00 PM
From: Craig McNeill  Read Replies (1) | Respond to of 1923
 
IMHO, I agree that the last two days have been
a bit confusing, and that the company could
have done more to manage the transition in a
smoother manner. But the fact of the matter
is that the only people who have been impacted
by the situation are the day traders...if
you're a long term investor you might express
concern about how mgmt handled this, but you
haven't lost any value from where Lunn was
most recently trading ($1.40-1.50). I wish
people would focus on the big picture, and
ignore the minute by minute market
manipulations and changes.
I don't think anyone should be surprised that
ATPX settled in a trading range today
comparable to pre-merger LUNN. Outside of the
merger announcement, there is no new news.
Until we have a new set of financials to
review, or some new company announcement, the
"best" value the market can assign ATPX is
LUNN x 10. This will change very soon,
however, and patience will be rewarded. cm



To: sandytoes who wrote (576)11/4/1997 12:39:00 PM
From: Pierre  Respond to of 1923
 
'toes - what do you predict todays close? <eom>

Pierre



To: sandytoes who wrote (576)11/4/1997 12:50:00 PM
From: Bruce Stenberg II  Respond to of 1923
 
I am so upset with this mess.