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Microcap & Penny Stocks : APA optics...APAT...very interesting..any thoughts....... -- Ignore unavailable to you. Want to Upgrade?

To: Duane L. Olson who wrote (299)	3/8/1998 11:44:00 PM
From: Sir Auric Goldfinger	Respond to of 342

BAD Quarter JIM: APAT reports another loss and warns of continuing cash drain. Stock has only gone down since, oh I dunno maybe just before thanksgiving when I started asking you guys questions that have never been answered. APAT has announced availability of their product,but alas, no customers. Losses from the Dec qtr. are 4X the prior December Q, Sales have declined 31% over the same period. How long can two brokers from Miller Johnson hold up this stock at 20X sales w/ continuing losses? How long can the stock hold up when it is trading below its 200 moving day average? Guess we didn't see those Bollinger bands did we Duane?