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


To: marty009 who wrote (1598)5/6/1998 6:05:00 PM
From: Sergio H  Respond to of 1923
 
<However, the news releases have not been all that impressive.
Perhaps you can enlighten us as to the monetary value of the Honda gas tank contract. I just don't know how many natural gas vehicles are produced by Honda--wouldn't think enough to be exciting.>

Marty, the earning releases have been impressive. The Intellitec deal is impressive if you look at the options and the total revenues for ATPX from this deal. Marion's G.E. deal is impressive. I posted a page full of developments at this co. over the weekend and don't feel like re-posting the same info again.

Your point on Honda gas tank contract not having a large monetary
value is well taken, but we need to look at the importance of this deal. I also posted about this previously, but.....The co. has commercial products that have not been capitalized on. 80% of sales
are to the govt. The gas tank contract has potential internationally.
Pollution standarts worldwide demand use of alternative fuels such as
gas. ATPX has 70% of the world market for bus gas tanks. Also worth mentioning is that the Honda gas tank deal could lead to a composite gas tank deal for all Honda cars. Composite materials are lighter and make the car more fuel effiecient. The recent Lockheed
Martin Star Supplier award had no monetary value either, but must be construed as a positive news release as well.

Hoak's estimate for next years growth rate to be near 50% may be as conservative as this year's estimate of 7%.

Glad to see a little discussion on this thread. Thanks for sharing your
views.

Sergio



To: marty009 who wrote (1598)5/6/1998 9:06:00 PM
From: Sergio H  Read Replies (2) | Respond to of 1923
 
We have at least one mutual fund that has taken a small position in
ATPX. Galxy Small Cap Value has picked up 51,000 shares during March.

Did everyone get and read the annual report? There's a ton of good information and worth reading if you're a shareholder or prospective
shareholder.

A look at the MMs covering ATPX looks fine from my perspective. Hoak, you all know Hoak is the analyst that gave ATPX a buy rating
and Gruntal are two of the larger volume, if one can call it volume,
MMs on this stock. Gruntal, I believe also owns 50,000 shares of
ATPX. Here's the April stats from Nasdaq:

Nasdaq Share Volume Report ÿ TOTAL VOLUME

ATPXÿÿÿÿÿAdvanced Technical Products, Inc.ÿÿÿÿÿSmallCapÿÿÿÿÿCommon Stock ($0.01 Par Value)
Page 1 of 1
Legend: M - Market Maker, N - Non-registered Market Maker, E - ECN

TSO: 5,220,495 (as of April 6 1998)
ÿ ÿ March 1998 ÿ February 1998 ÿ Year to Date ÿMP TypeVolumeRank%ÿ VolumeRank%ÿ VolumeRank%
------------------------------------------------------------------------
Total Volume ÿ336,218 ÿÿÿ231,792 ÿÿÿ745,840 ÿÿ
------------------------------------------------------------------------
HRZGHERZOG, HEINE, GEDULD, INC. M88,566126ÿ17,16837ÿ115,934315ÿGRUNGRUNTAL & CO., L.L.C. M79,956223ÿ115,157149ÿ258,728134ÿHOAKSC SECURITIES CORP. M72,513321ÿ54,200223ÿ167,871222ÿERNSERNST & COMPANY M21,71046ÿ1,9008