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


To: Roland Chen who wrote (1653)6/13/1998 12:33:00 PM
From: Sergio H  Respond to of 1923
 
Roland, that's a cool link. Does Yahoo have that for all stocks ?

The insider sales by Equus we've known about and anticipated. I
just posted about them last week:
Message 4711193

Some or all of Equus shares will be sold each month from now until Nov. The interesting thing is that the shares being sold are finding
buyers in off market trades. It is my understanding that there is an interest for large blocks as they become available, and that is very positive.

Equus is limited in the amount of shares that they can sell each month due to post merger insider selling restrictions. The Equus "problem" is the one negative that there is with this stock. It is my understanding that Focus Partners was hired to produce a solution to this problem, such as a public offering. A public offering would allow Equus to get out, or sell as many shares as they are interested in selling and allow new institutions to establish a positition and it would also be a vehicle to increase the float. Until these things are accomplished, ATPX is not going to command the stock price that it is entitled to. In essence, this "problem" is why the shares are underpriced.

Sergio