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

To: James Strauss who wrote (6213)	6/21/1998 6:56:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

<I did a value scan that produced a bunch of stocks... Out of that group ATEC looks good...> Jim, did you see the following news releases on ATEC ? Also, I'm curious as to your opinion on the emergency G-7 meeting and the impact on the market that tomorrow's expected upcoming news release will have. HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Jan. 29, 1998--ATEC Group Inc. (NASDAQ:ATEC), a leading provider of computer solutions, was excited Thursday to announce that the company received a "Buy" recommendation from M.H. Meyerson & Co. Inc. (NASDAQ:MHMY) in its January 27, 1998 research report, "Micro-Cap Focus List." Andrew Scott, senior research analyst, stated in the report: "In our opinion, the company maintains an extremely favorable outlook and previous shareholders overreacted on the news of a reverse stock-split. The company strongly meets all of our investment criteria. We believe the company has the potential to trade 20x our fiscal year ending June 1999 estimate of $0.60. We maintain a target price of $12.00." Surinder Rametra, chairman and chief executive officer of ATEC, stated, "As ATEC continues its aggressive plans to provide stability in the financial community, the company is extremely appreciative of this recognition as a quality investment candidate and the future enhancement of shareholder value." nasdaqtrader.com ATEC Group's Board of Directors Approves Reduced Exercise Price of Outstanding Warrants BusinessWire, Wednesday, January 28, 1998 at 07:46 HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Jan. 28, 1998--ATEC Group Inc. (NASDAQ:ATEC), a Delaware Corporation, announced today that its board of directors has approved, pursuant to the provisions of Section 141(1) of the General Corporation Law of the State of Delaware, the reduction of the exercise price of the company's currently outstanding 617,150 common stock purchase warrants to $5.00 per share and extend the expiration date of such warrants to Dec. 31, 1998. Surinder Rametra, chairman and chief executive officer of ATEC, stated, "This decision by our board of directors is indicative of our company's concentrated efforts to show our continued support and concern for our valued shareholders. The symbol is ATECW. <><><><><><><><><><><><><><><><><><><><><><><><><><><> Sergio