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


To: sandytoes who wrote (1032)12/3/1997 4:15:00 PM
From: Craig McNeill  Respond to of 1923
 
Ditto. Although my greatest fear is that ATPX is having trouble
managing the merger, and thus the lack of communication. I have been
involved with other mergers (both investing and professionally) and
if management isn't on the ball, the new company can suffer
unnecessarily. The longer decisions and market actions are put off,
the more complicated the merger becomes to manage (of course, they
could also all be so busy taking new orders). I'm not flaming, but
mgmts inaction, particularly related to post-merger financial data
disturbs me.

On the other hand, the downside risk from here is minimal IMO. We
all know that valuing this company on pre-merger LUNN fundamentals is
wrong. It's just a matter of how long it will take the new mgmt to
unlock the "hidden" value to the markets and start managing this firm
as a publicly held company instead of a privately held one.

Still long....cm



To: sandytoes who wrote (1032)12/3/1997 7:26:00 PM
From: jaytee  Read Replies (2) | Respond to of 1923
 
Sandytoes: Good post. Very "on-target". I only wish that these KNUCKLEHEADS @ ATPX (at least the PR people) got their bonuses based on actually doing something . . . like promoting the stock price upwards thru newsworthy offerings, etc.

But, I guess in the real world things don't work that way. It's annoying to have read a post, some time ago about a person who claims to have met (golfed with, or whatever) one of the "big cheeses". And he didn't make any bones about it. . . he wasn't concerned with stock price, he was only interested in the company's business.

Too bad that "malady" was contagious . It appears that the IR dept has it too!

Jaytee