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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (1582)3/9/1998 5:51:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Kevin, the merger between LUNN and TPG has been misunderstood by nearly everyone that reviews the situation. Some people call it a reverse merger and others saw the merger as a device to create liquidity for the majority shareholders of TPG, Equus Funds, to sell their shares. Others saw that TPG's earnings had tailed off prior to the merger in comparison to prior years. All of this has caused the stock price to remain depressed and presents a wonderful buying opportunity.

ATPX reported as a combined co. for the first time late last week. The earnings exceeded expectations and has served to dispel some of the myths that have existed regarding this co. Having established solid earnings, we expect a lot from this co. in the next quarter. We believe that the shares are worth $20 right now.

ATPX will be on the NASDAQ National soon, the application process has already been initiated. The Co. recently hired a PR/IR firm. There are some new contracts in the works. Some that could be very lucrative, ie. Honda, Stevenson Co., US Army. We are also expecting
contract extensions from existing deals, new product introductions and increased efficiency resulting from synergies created by the merger.

The volume has picked up since the earnings release and the stock has achieved a higher low each session.

Sergio