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


To: Jack Ucci who wrote (1708)7/24/1998 12:37:00 PM
From: Greg Werner  Read Replies (1) | Respond to of 1923
 
I agree. Not only is this not headed to $20 anytime soon, it is more likely to head down for a number of reasons. A P/E ratio of 20 - 25 for a company that is increasing diluted EPS by 19% sounds about right to me. Couple the underperformance in earnings with a lousy market for small caps and you have a stock that could easily revisit single digits in price. If you have some panic selling in the meantime, it could get real ugly.

Greg Werner



To: Jack Ucci who wrote (1708)7/25/1998 7:29:00 PM
From: Sergio H  Read Replies (1) | Respond to of 1923
 
<This earnings report is probably not going to generate (positive) investor interest in this stock. And this means that there is at most very limited price appreciation in ATPX in the ST.>

Last earnings report ATPX exceeded estimates by about 100% and not much interest was generated. The co. is going to make their numbers for the year. We are waiting to hear on two DOD bids and the Nasdaq listing. Most importantly, we need a resolution to the Equus problem. The next few months will provide all of this. I've held on this long and still believe that there is a bright future for this stock.

Sergio