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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 (970)	11/18/1997 9:43:00 AM
From: J.F.	Respond to of 1923

Nice open - 1st two minutes - we've traded 2700 and we're up a point +1...does this feel a bit...well I leave the wordsmithing to others... jf...

To: J.F. who wrote (970)	11/18/1997 10:52:00 AM
From: Craig McNeill	Respond to of 1923

Fortunately, I've always viewed this as a longer term hold. I agree with your assessment. I also think the company needs to clear up some of the "misinformation" about ATPX available to the public. For example, the Yahoo profile has not split adjusted the pre-Nov 1 share price, and the fundamentals are still based upon LUNN. There is some truly bad info out there, e.g. the P/E on ATPX is about 140, which I believe is taking the current share price and dividing by LUNN eps. I don't know if more sophisticated trading screens are making the necessary adjustments (I hope so), but if not, this misinformation will cause many people to look to other investments. We know that the pe is 14 but the rest of the public will not. I'm more optimistic than you, JF, in that I think alot of this info will be corrected shortly. A good story like ATPX cannot be kept quiet for too long. And I think that the trickle of good information which started with LUNN earnings will turn into the flood of great news that Sergio has alluded to, IMHO. Good investing. cm