Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sergio H who wrote (704)	11/6/1997 1:56:00 PM
From: Emec	Read Replies (3) \| Respond to of 1923

Sergio, I don't know if Ivan is an investor or a trader (not that traders aren't investors). If he is a trader, he would "give his shares away" because of the opportunity cost of holding them. We were lead to believe that there would be press releases out as soon as the merger was complete. This is sort of like an IPO which has a quiet period. From my experience, the company in this situation will issue a positive news release the first second it is allowed to by law. It has been several days. Why the hold up? Perhaps that is why Ivan left-perhaps questioning whether management has been honest with us.

To: Sergio H who wrote (704)	11/6/1997 2:16:00 PM
From: ivan solotaroff	Read Replies (1) \| Respond to of 1923

Sergio: I didn't so much "give" my shares away, as "sold" them with a 20% profit in less than a week, which to my admittedly pagan, philistine, pig-dog, profit-mongering sensibilities is a POSITIVE thing. My only regret is that I didn't "give" them away on Monday at 1 7/8, when I could've achieved nearly 50% in two days. I agree that this is a long-term play, and look forward to getting back in once the volume picks up. Until then, I have to take my cues from the market itself, rather than the long-term ambitions of the Equus Fund. The only problem with you DIS people is that you discover too many good stocks. Unless one has a lot of money, at some point you have to dichotomize yourself, make half go into short-term thinking and 1/2 the other way, and--and this is what I did with LUNN/ATPX--have the flexibility to trade in and out of those two very different sensibilities, as the situation changes. I saw ATPX quite possibly sitting like a duck after a rainstorm for days, maybe weeks, and the rest of the world thriving with opportunities. I moved the money into SEEQ, but I'll be outta there if things don't go my way too. Sorry, short Q, long A. Ivan PS: Along the same lines, I'm fixing to sell CADE and plunge it into RECY, but RECY keeps slipping in and out of sights.

To: Sergio H who wrote (704)	11/6/1997 4:51:00 PM
From: sandytoes	Read Replies (1) \| Respond to of 1923

Sergio, I couldn't agree more. I held Lunn for quite some time based on the fundamental strength and market position of the company. Why would I switch now when the company has essentially complemented its existing products with those that will only elevate newco in the aerospace industry? Beats me. I know this view isn't accurate (due to the difference in shares) but I look at the situation as: Lunn before the merger was 1 1/2 (discounting the run-up the day before), 10x Lunn at that price is where we are now; so now we get TPG (a larger, more profitable co.) for free. Because of the skills both co's bring, ATPX can now land contracts for product sales neither Lunn nor TPG could even bid on before the merger. Rocky times now, and no guarantees, but I'm very optomistic about this company's future. Thank you and the others for such incredible research. sandy

To: Sergio H who wrote (704)	11/7/1997 12:43:00 PM
From: Bob&Carolyn	Read Replies (1) \| Respond to of 1923

Sergio, I like the way you cut thru all the muck and get back to the basics. Sometimes I get too focused on the day-to-day picture to see the oveall picture. Should we blame it on this age of electronics and instant gratification? Sometimes I think most of the books and the teachings that we use were aimed at a somewhat slower environment, before we were able to get instant information via the internet. And therefore the authors did not include statements like "... you'll need at least x days to see... " Thanks for helping me keep things in perspective. Carolyn