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


To: Wayne Beidatsch who wrote (2250)3/28/1998 12:23:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
<Everything sounds good(APTX) if goes as you say.And I do respect your research.But I do have 2 questions. First why such low volume yesterday? And how do you figure 40% discount? Vectorvest says company is over valued. Thanks in advance>

ATPX is unknown to most investors and misunderstood by most that
know of the creation of this stock from the merger with LUNN. The information is just starting to come out and Internet stock information sources like Yahoo and Vectorvest are starting to provide the correct
data. The data should reflect combined TPG/LUNN statistics and not
just LUNN's stats as has been the case.

The PE of 15 indicates a 40% discount to the peer group. There were concerns prior to the merger of LUNN and TPG that TPG's earnings would be below expectations. The 10q alleviated those fears for those that are familiar with the story and the upcoming 10k
will serve to attract additional interest. We'll be reviewing the data carefully as the 10k is being crafted to attract institutional interest. Keeping the company's current status in mind and their aim, it seems to be about as safe an investment as you can find.

I do not know if ATPX and their IR firm, Focus Partners is purposely not reporting significant new contracts in order to keep the stock at
these attractive levels while pursuing institutional investors. I have learned about two such contracts and I am making sure that these deals are reported, as indicated in my prior post about ATPX. I am not concerned about the present low volume, but will keep a close
eye on this stock watching the developments come to fruition. It is a very interesting situation.

Sergio