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

To: Andre Daedone who wrote (1752)	9/5/1998 9:55:00 PM
From: Magnatizer	Respond to of 1923

Andre I do consider myself a short term trader. Though I also invest for the long term in companies that are undervalued. I feel ATPX is just such a stock. Very undervalued and no following to speak of. When, and if, the stock gets noticed by the street we will all be very happy. Back to my thoughts as a short term trader. though I do see your point in many stocks get ahead of themselves due to trading momentum ATPX is not one of those stocks, IMO. The ave. daily volume is just too small and spread to large to be a good trading vehicle. And, as far as investors buying at the top of a momentum rally, it is too bad they let their greed take over. Any good investor should, at the very least, be looking at the earnings multiples of the stocks they buy. If a stock has been run up on momentum its earnings multiple will likely be out of wack with its growth rate. Therefore, a investor who buys at the top of a mo rally is trying to capitalize on the momentum IMO. And if they are not trying to capitalize and do not look at the earnings multiples then they are bound to loose money anyway. JMHO david

To: Andre Daedone who wrote (1752)	9/6/1998 3:15:00 AM
From: Amigo Mike	Read Replies (2) \| Respond to of 1923

The Vectorvest analysis is way off base. It appears that it is valuing ATPX as if it were still LUNN by itself. I believe that may be where the problem lies. ATPX's BV is double the Vectorvest valuation. Amigo Mike