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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 (1779)	9/26/1998 5:25:00 PM
From: Sergio H	Read Replies (2) \| Respond to of 1923

Hi Andre. Earnings are due Oct. 27th and Hoak's estimates call for .35 cents per share. I am curious what will happen with the Equus people that wanted to sell now that the share price is depressed, but things are looking great for ATPX. Some things to look at: - The fiscal year for the DOD starts in Oct. and contracts are usually awarded prior to the start of the fiscal year. Competitive 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. - Intellitec'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. - The commercial segment represents only 20% of ATPX's reported revenues, but the Company has been expanding their commercial exposure. Natural Gas Vehicle Tanks Lincoln's natural gas vehicle (NGV) tanks are particularly interesting. Air pollution laws will result in an increase in gas powered vehicles throughout the world and probably in Japan first. ATPX's tanks have been awarded certification in Japan and earlier this month were exhibited by Tokyo Gas and Mitsui at NGV 1998 in Japan. ATPX has been supplying tanks in a pilot program for the Honda Civic GX . Expansion of this program could be a huge win for ATPX. Recently the Co. has won contracts for the NGV tanks in France and Malaysia and production facilities at Lincoln Division have been expanded to meet the increased demand. Composite Material Oil Rig Riser Another developing commercial source of income is the oil industry. ATPX is participating on a National Institute for Science and Technology for the development of a production riser for deep sea rigs. The product is designed to be lighter and less expensive than steel or titanium. ATPX is under contract to develop a composite drill riser for deepwater application for Norske, Conoco and Kvaerner. There's more Andre, but I don't want to write a book today. ATPX could become a winning stock. Let's see what happens. Sergio