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


To: ENOTS who wrote (1118)12/15/1997 11:24:00 PM
From: henry jakala  Read Replies (1) | Respond to of 1923
 
yes - you are absolutely correct

love the row boat analogy



To: ENOTS who wrote (1118)12/16/1997 9:10:00 AM
From: Len Giammetta  Read Replies (1) | Respond to of 1923
 
Maybe it's time to bail-out. Can always get back in if this sleeper wakes up! This has taught me a valuable lesson... sell,on the annonce of anything that resembles a "reverse split". I know... this wasn't a reverse split.

The same thing is happeneing to another stock I'm in. DTOP and INDV announced a "pooling of interests", effective 1st qtr '98, with a 2 for 1 split. Both stocks are practically at the bottom now. Both companies are PR intensive, with plenty of good news, and "pioneers" in the on-line news industry. They have strong alliances with everyone and their brothers including Microsoft, Netscape, and AT&T. Point is that if Wall Street doesn't favor you nothing can help, or so it seems. What's scary is that if the same thing happens after that split as did this one, we'll still have a 30%, or so, decline in price to deal with after the merger. Not a happy thought.

Just thought I'd share... good luck to all!