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


To: Miguel M. de la O who wrote (1376)3/9/1998 4:16:00 PM
From: Jack Ucci  Read Replies (1) | Respond to of 1923
 
A buy at 14 finally toward the end of trading. Certainly another good day for ATPX. However the bid and ask change very quickly making it unlikely that someone could sell or buy a sizeable amount of stock without affecting the going price. The bid dropped almost immediately from 13 3/4 to 13 5/8 with selling of about 2000 shares!

This stock must gain stronger trading interest. I hope we are facing another quarter of solid financials. With the other likely positives already mentioned on this thread I am optimistic that in time ATPX will be a $20 stock capable of absorbing moderate selling pressure without an immediate weakening of the bid-ask.