To: Carl Wysocki who wrote (1108 ) 3/19/1998 10:53:00 AM From: Dollar Bill Respond to of 1298
For what its worth; I think the recent pop on this stock is due to the following: This is from the Intelligent Investor. I am not affiliated with them, don't know their track record. Suspect they might be connect directly or indirectly to Mike Irving et al. Date: Mon, 16 Mar 1998 11:25:29 -0500 (EST) Our "STOCKS TO WATCH" for the week are: ATEC-Nasdaq ($4 7/16) atec.com This custom system integrator has it all! A whack of ticked off shareholders who were rolled back 5 for 1 for no apparent reason. Now a very tight stock with market makers like Whale of Pressteck (PRST-Q) short-squeeze fame, and Myerson who also knows the score..100M + in sales, breakout volume, nice chart, and acquisitions around the corner. We like it here at +/- $4.50 and expect the usual returns. DISCLAIMER: The information presented in The Intelligent Investor's "Technology Investment Publisher" is not an offer to buy or sell securities referred to herein. By no means is the above company information complete. One should obtain financial statements and a full due diligence package, including chronological news releases, from this company prior to reaching any investment decision. One should also use the full battery of available technical analysis (including stock charts, moving averages, etc.) and consult a licensed financial advisor for an independent opinion. The Intelligent Investor is not in the financial advisory business. The Intelligent Investor is not responsible for the outcome of anyone's investment decision. Remember, that for a correct value to be on this company the price of the stock should be at 6 1/2 + in order to compensate for the split. Mike Irving said pre split; " the stock should see 2 1/2 to 3 very easily if there is not split." Thus, according to Mike Irving the price should be now 12.50 to 15.00/share. It will be interesting to see if this is just a ploy to get funds interested in the company...see previous posts regarding the 5.00 level..and fund charters. If no fund interest, this will drop back. $BILL