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


To: Craig McNeill who wrote (1100)12/10/1997 9:56:00 PM
From: Ditchdigger  Read Replies (1) | Respond to of 1923
 
Hello Craig, IMO you've hit the nail on the head. I was tempted to buy LUNN( longterm investment), but was leary of the merger. Not the business end, but the trading dynamics resulting from such a small float. A small float is definitly a double edge sword. Longterm, The business should carry you through, it's just ashame it has to begin at this level as opposed to the $18 level. I don't believe there is much downside from here, but with such a small float, upside could be a slow, but steady climb up..Goodluck,DD
PS: any opinions are greatly welcome regarding the float..



To: Craig McNeill who wrote (1100)12/11/1997 9:31:00 AM
From: sweez  Read Replies (2) | Respond to of 1923
 
It's really a shame. Lunn should of stayed lunn. I was in then
sold right after merger. Took a loss at 14.5. Learned when there
is no news. That's because there isn't any good news. IMO