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

To: Andre Daedone who wrote (1575)	5/2/1998 8:17:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 1923

Andre, you have that right. There are some very interesting developments that are unfolding. The yet to be announced public offering will be met by institutional interest. Anyone looking over the co. will see the value. Here's what they'll be looking at: The commercial segment represents only 20% of ATPX's present revenues. Lincoln has products that have commercial importance. Lincoln's natural gas vehicle (NGV) tanks are particularly interesting. Air pollution laws will result in an increase in gas powered vehicles throughout the world. ATPX is currently working on several uses for these tanks and a developmental contract with a large Japanese auto manufacturer is imminent. ATPX has a contract with Mitsui Plastics for distribution in Asia. Another developing commercial source of income is the oil industry. ATPX is participating on a National Institute for Science and Technology for the development of a production riser for deep sea rigs. The product is designed to be lighter and less expensive than steel or titanium. ATPX is under contract to develop a composite drill riser for deepwater application for Norske, Conoco and Kvaerner. Alcore will be opening its new facility in Maryland during the summer. The facility has over 100,000 sq. ft. and allows the Co. to expand production Alcore is also planning on acquiring a French honeycomb business giving the Co. further exposure into the European and Asian markets. Foreign sales currently are less than 10% of total. Competitive bids currently pending award include a bid to provide chemical defense reckon vehicles for the US Marine Corps and a bid to produce water purification units for the US Army. The fiscal year for the DOD starts in Oct. and contracts are usually awarded prior to the start of the fiscal year. Intellitec's $30 million developmental contract with the DOD is potentially a huge production contract. The contract includes options totalling $173 million for the production of chemical agent monitors. news announcements so far this year: 4/30/98 - Lockheed Martin Awards ATP's Marion Composites Star Supplier Award biz.yahoo.com 4/6/98- US ARMY AWARDS ATP'S INTELLITEC DIVISION $3.6 MILLION CONTRACT TO PRODUCE HIGH TECHNOLOGY CAMOUFLAGE SYSTEMS atpx.com 2/19/98 - ATP'S MARION COMPOSITES DIVISION AND GE ANNOUNCE LONG-TERM PRODUCTION ALLIANCE atpx.com 2/12/98 - ADVANCED TECHNICAL PRODUCTS RETAINS IR COUNSEL TO EXPAND INVESTOR AWARENESS atpx.com 3/4/98 - ATP ANNOUNCES FOURTH QUARTER AND YEAR-END RESULTS atpx.com 4/22/98 - ATP REPORTS FIRST QUARTER RESULTS atpx.com Also this year, Hoak Breedlove initiated coverage with a BUY rating. More news is coming, but I would say that the Co. has been delivering so far. Earnings have exceeded expectations. Contracts are long term deals. Co. is offering it's products into commercial uses. Nasdaq listing is just a formality away. ATPX is expanding its markets into Europe and Asia. Etc. Etc. Etc. And so it goes.............Why wait to the Institutional $$$$$$$$$ gets the shares? They're cheaper now.