SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge. -- Ignore unavailable to you. Want to Upgrade?


To: Kurt T. who wrote (1844)4/28/1999 5:32:00 PM
From: Juli  Respond to of 1923
 
I too bought in the old Lunn days. I finally got tired of waiting and sold the last of mine for 8+ a little while ago, thinking I would get back in later. I sold for a loss.

Jewel



To: Kurt T. who wrote (1844)4/28/1999 5:57:00 PM
From: J.F.  Respond to of 1923
 
That's about what I got in for too. It's been an interesting
ride. I've never dumped this stock - putting it on the way
back burner a long time ago (after the first seminar down in
Maryland). I've looked at it from time to time but never
really needed the cash enough to make a move. Details seem
sketchy although the Nasdaq Halt looks officious enough to
indicate a deal is definitely a happenin.
Oh well _ I'll ride this one thru and see what comes out on
the other side.

Here's wishin everyone well...

jf...



To: Kurt T. who wrote (1844)4/28/1999 6:51:00 PM
From: Sergio H  Read Replies (2) | Respond to of 1923
 
Hi Kurt. The buyout is $14 plus up to $3/share for meeting earnings expectations. ATPX shouldn't have trouble meeting earnings for the next few quarters.

The news announcement doesn't specify the time frame for the deal, but at $14 the sale price is a 40% mark up form today's closing ask and at $17 the mark up is 70%.

I think that the stock should be at $20 and regret that ATPX never did meet it's potential.

AS