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Microcap & Penny Stocks : APPAREL TECHNOLOGIES, INC. (APTX-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: treetopflier who wrote (266)7/28/1998 2:41:00 PM
From: DouglasAnthony  Read Replies (1) | Respond to of 517
 
You all need to realize that 3M has reason to loan/lease Apparel the printer. That's because they both own a common company, Cactus. Cactus was once one company and them it split off into U.S. and Europe. 3M bought Cactus U.S. and Apparel bought Cactus Europe. From this you can see how Apparel got in the door with 3M and was able to loan/lease a $250,000 printer. 3M would love for Apparel to get the printer working for textiles because that would open up a whole new market for 3M.

I believe the sell off today is from the non-believers that bought at 8-10 cents and are taking there 80-100% profit.

Thats all for now.