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


To: Kurt T. who wrote (986)11/20/1997 11:12:00 PM
From: Sergio H  Read Replies (2) | Respond to of 1923
 
Sorry Kurt it doesn't work since there is no reverse split as I am sure that you know. Since we need TPG's earnings to complete the calculations we can't come up with an exact number for ATPX's
PE right now. I agree with you as I'm sure that everyone else does that LUNN's numbers were super. The doubt is on TPG's numbers,
but concidering the health of the sector and other factors, it seems to me that TPG will not dissapoint.

Sergio



To: Kurt T. who wrote (986)11/20/1997 11:42:00 PM
From: Ken W  Respond to of 1923
 
Kurt,

Welcome to the hide and wait thread!! Love your way of thinking, but as Sergio all ready stated TPG is the question mark here.

As you've no doubt read, the earnings for TPG will not be soon...so we hide and wait. This is what is called an investment (yikes) do people do that anymore? Long term, you will not be disappointed with ATPX. Folks alot smarter than me have told me (not here) that aerospace will be a strong sector for the next 5 to 8 years due to the age of the commerical fleets and increased demand for world wide travel. The five divisions of ATPX are strong in aerospace and the defense sectors.

It will take a little more time for ATPX to develop it support and resistance levels (IMO) and then perhaps we shall see more meaningful trading.

Hang tight, good things come to those that wait.

Regards

Ken W