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


To: J.F. who wrote (730)11/6/1997 5:10:00 PM
From: Lee Bush  Read Replies (1) | Respond to of 1923
 
JF:
Would a presplit bid/ask of 1.50 x 1.60 disturb you? Then why should you be disturbed by 15 x 16? It's the same as this stock is not trading any volume. Also, this stock is now going to be tested as far as the reverse split is concerned. Usually, reverse split stocks will retrace their price by as much as half before stabilizing. So, I would not be too surprised to see this stock decline to at least the $10.00 area. At that point, I will be a buyer.
Lee