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


To: Mike Irving who wrote (955)11/19/1997 6:16:00 PM
From: henry jakala  Read Replies (1) | Respond to of 1298
 
The bottom line here Roland is that any way you slice it ATEC looks to be VERY UNDERVALUED. Every stock has short term volitility, but you invest in FUNDAMENTALS, sooner or later Wall Street wakes up.

i hope you're right Mike, i hope you're right - just that from past experience fundamentals are ignored in these situations - MMs love to play this game with reverse splits - they make a mint

is the target higher price you referred to that of the postsplit level of $9 or thereabouts ?



To: Mike Irving who wrote (955)11/19/1997 6:55:00 PM
From: rt1^  Read Replies (1) | Respond to of 1298
 
9.5% is not even close to 20-30%!

Mike,
lezzzzzz see, I was off an 1/8 point with 20%.
According to my calculations as I passed on to $Bill, 20 to 30%, less than 100k traded does not exactly constitute the strong Institutional support out of the gate that you had talked about. Hell, I trade that much in just one of the Fud's I manage.
Right or wrong Mike, one thing however is clear to me, if I was an fundemental Investor, ATEC would not be one, only a day trader.
Only Fundemental stocks I have is (CPQ) since forever and 4 or 5 splits (it's hard to remember) since God knows when, and QWST off the IPO. And recently sold off the THRX I held since 1990. Look at thier #s and tell me.
If I see volume build I'll jump on, if not I will become creative.
But if you personaly are try to tell me that Pollack & Myerson (which incidently get way to much credit for MM manipulation which is bullshit and are Power Movers, give me a break.
Call me, you still have my #.
But don't give me this La Di Da stuff.
I told this board awhile back, when the split happens they would take a hit, Mex refreshed thier mememory. Now that is a fact.
The thing I will find interesting is, If, and I do say IF, it reaches a static position is how many 144's will fly out of there as they obviously thought it was the greatest thing since sliced bread when the thing rose to the mid 1's.
If they pull this off they will go down in the Great Book of miracles which consists of about a 1/2 page in 20 font.

rt
Motto, Don't pee on Superman's Cape, but pee on him from a high place:)