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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Sandra who wrote (20169)	5/21/1998 12:34:00 PM
From: Logistics	Read Replies (4) \| Respond to of 34592

ARET - Some sells coming in . If you are daytrading may consider selling half your holdings and taking some profits. JL

To: Sandra who wrote (20169)	5/21/1998 12:41:00 PM
From: Zakattack	Read Replies (5) \| Respond to of 34592

Agree... APTX is well undervalued. Highest price of late was over $2 - and without today's news! Company Press Release Apparel Technologies Obtains $2 Million Working Capital Loan COMMERCE, Calif.--(BUSINESS WIRE)--May 21, 1998--APPAREL TECHNOLOGIES, INC. (NASDAQ:APTX - news), announced today that it has consummated an agreement with an institutional investor for a loan to APTX of $2.0 million over the next 90 days, of which $600,000 was advanced at the initial closing earlier this week. The funding will be used by the Company for working capital and general corporate purposes. The loans bear interest at the rate of 6% per annum and are convertible into Common Stock at a specified rate, subject to the right of the Company to repay the loans. The Company will continue to seek additional sources of working capital to fund its operations, including debt and equity financings, joint ventures and licensing of its proprietary technology. Apparel Technologies, Inc. provides advanced proprietary technology for digital fabric printing, manufactures apparel for leading national retailers and designs and installs state-of-the-art retail fixtures. Except for historical matters contained herein, the matters discussed in this press release are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties which may affect Apparel Technologies, Inc.'s business and prospects and cause actual results to differ materially from these forward-looking statements. Contact: Apparel Technologies Inc., Commerce Kathryn Van Ness, President & CEO, 213/725-4955 :-) Z