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


To: Cary C who wrote (6583)7/1/1998 10:26:00 PM
From: Sergio H  Respond to of 29382
 
<Seems to me that the backlog alone will put them in a very good position to continue with favorable earnings. Considering the stock is at below pre merger prices and the company is only moving positively forward, I think they are definitely undervalued at this price.>

There's more Cary, but your premise that ATPX is cheap right now is 100% correct.

Competitive DOD 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 Division'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.

There's more than this. There's a ton of good things going on at ATPX that have not been factored into the stock price.

Sergio