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Microcap & Penny Stocks : ATEC Group. Huge growth with PE of 12.5! -- Ignore unavailable to you. Want to Upgrade?


To: Dollar Bill who wrote (877)11/5/1997 9:48:00 PM
From: Dollar Bill  Read Replies (1) | Respond to of 1298
 
*note to last post: paragraph 3

make that a 1 for 5 split!

$BILL



To: Dollar Bill who wrote (877)11/6/1997 10:02:00 AM
From: Mike Irving  Read Replies (2) | Respond to of 1298
 
DOLLAR BILL:
Your historical data notwithstanding I ask you: Have you EVER seen a stock do a reverse split that had revenues of over $100 million and positive earnings per share? I have not. You use historical perspective in your considerations, lets try this: Historically 95% of all reverse stock splits occur with companies that have REG-S'd their stock to death and need to split or will be KICKED OFF nasdaq.
Now, let us compare situations. ATEC has NEVER done a REG-S and never will. ATEC is not going to be kicked off nasdaq. ATEC has great shareholders equity and net worth. ATEC has tremendous rev and earnings growth. If the glove does not fit you have to acquit.
Let me introduce some simple logic here: ATEC was advised by their 2 investment bankers to do the split, MH.Meyerson and Auerbach,Pollock. Both of these firms are Market Makers in the stock. The point is to acheive $5 plus share price for NMS listing. If $5 is needed, and both MM's advised this split, would you think they will not support the stock post split?? Does this make sense? Some of you have called me to express concern over MH.Meyersons reputation. Well, if they are as feirce as everybody contends, and they are on ATEC's side who is going to try to fight them? Not me! As someone once quipped about Lyndon Johnson: "I would rather have him inside the tent pissing out than outside the tent pissing in". One thing that surprises me is everybodies fixation on MH. Meyerson and not on AUERBACH,POLLOCK. AUERBACH has been around for over 100 years and has offices world wide. Granted they are not huge, but they are considered to be a "white shoe" boutique. Call them up, ask for their track record, ask about the calls made by their analyst.
To sum up, 95% of reverse splits are done by crap companies. Crap in crap out. As shareholders of ATEC you obviously saw the intrinsic value represented in their stock, and know that they are quality not crap. If you compare ATEC to other splits please use examples of stocks that have SIMILAR fundamentals. Also, keep in mind the logic behind the split in the first place. If we need $5 for NMS why would the 2 MM's let it slip under. As for the shorts, well post split there will only be 1.5 million shares in the float. I know were 1.2 million shares are. If you people want to protect this stock from any shorting, please call your brokerage house and request deliverary of your stock certs. If the shorts can not borrow they can not short!! Bill mentions fund managers, well what about the many BD's that I work with? There are alot of brokers who are waiting for the split to occur than will jump in. I put this to all of you: If the stock does not get hammered as you fear, and everybody is waiting for a bargain that does not occur, what do you think is going to happen then? Will everybody rush in to try to be the first and explode the stock?

Mike Irving



To: Dollar Bill who wrote (877)11/6/1997 5:18:00 PM
From: rt1^  Respond to of 1298
 
$Bill,

Sounds Sound to me:)

rt

As for you Mike, Jezzz what can I say, Management is going to buy there own stock??? DUHHHH ROFL...............little late eh, na, I think they will file 144s like leaves falling driven by the Northern wind:)
As far as NMS, ya know, just because you cross the #5 they don't just run a Wand over your head and say Oh how Wonderfull, can we come to the party.
Get Real
As far as the shorting, well I'll let you figure that one out.
Actually Mike, the only problem I see in this stock is you trying to get your ass out the door with a million shares in a 300k market along with the management to boot:)
Wanna see a nice gig, take a peek at ATPX, cute eh??

Mike, turn out the lights will ya.

rt
pssst, I'm coming Mike:)



To: Dollar Bill who wrote (877)11/6/1997 7:18:00 PM
From: TokyoMex  Read Replies (2) | Respond to of 1298
 
$Bill,
Thats pure BS as hell.
Meyerson loves stocks that are under 5 , its their whole existance.
Every MM Irvig has mentioned are the scums who specialises in under 5 stocks.
Why is it Soros and Fidelity buys TPRO at 2 bucks, Crutten at 4, Emerald Research at 5 1/2 and Robertson Stephenson buy TPRO at 6.
Well show me how much those St, Louis, Jersey CIty wanna be MMs bought since the Irvings announceent, where whole ATEC management went to see them.
I am amazed that prople are still discussing this dog, when knowing fully it will go to .50 post split.
GIve it up $Bill take the friggin 1/4 loss and move on ROFL.
Joe TPRO

PS last qt blow out 50% increase of one penny from .02 didnt impress the street too much did it.

100 mil revenue but 3 cents for the qt at 20 mil shares with 65 % insider ownership. And after having gone through 3 auditors, it seems finally found some one who does it their way it seems. Meyerson telling them to diversify float etc and they always come up with last minute improvised answers. They need a script writer full time !
Do you know how much cash ATEC has in the bank ?
NSM wont be so easy. Further the accounts receivables. Ask them about the turn around time.
No one seems to ask these !
All I asked was a straight answer and all I got was a run around and a job offer. I wonder what they are hiding ?

I am learning more every day about ATEC.