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Technology Stocks
ATLPA: Odetics spinoff and IPO
An SI Board Since March 1997
Posts SubjectMarks Bans Symbol
576 1 0 ATLPA
Emcee:  Scott D. Type:  Unmoderated
ATL Products, Inc. (the "Company") designs, manufactures, markets and
services automated magnetic tape libraries used to manage, store, and transfer
data in networked computing environments. The Company is a leading provider of
Digital Linear Tape ("DLT") automated tape libraries for the high end of the
networked computing market (one terabyte capacity and above), shipping over
2,000 systems during the past three years. The Company's products provide a high
performance, reliable, cost effective and scaleable storage solution for
organizations requiring the backup, archival and recovery of critical computer
data.

Common Stock offered by the Company................ 1,650,000 shares
Common Stock to be outstanding after the
Offering......................................... 9,655,000 shares

Competitors include ADIC, Exabyte, Fujitsu, Hitachi, IBM, Spectra Logic and
StorageTek.

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576 I get your drift on the 45 day average moving in a downward direction but I thiGary Leger-5/31/1998
575 Well, if you assume that the $29 price is firm and you can wait until SeptembeRobert Everett-5/27/1998
574 now it is a guaranteed $3 3/4 profit? Carmine Cammarosano-5/26/1998
573 Hi, Doc. I think you are absolutely right. I had thought the arbs would hold tRobert Everett-5/26/1998
572 I was being somewhat facetious in my response. I'm not advocating you do tDr. StrangeLove-5/24/1998
571 Why sell atl and buy qauntum? Unless you believe qntm will go up more than 10% Gary Leger-5/24/1998
570 Mark, I called investor relations and got a call back from Kevin Daly. We had Gary Leger-5/24/1998
569 Thanks for the dl. Bob E.Robert Everett-5/22/1998
568 Exactly, and a sale now would trigger an Estimated Tax Payment due (6/15) to thMarkL-5/22/1998
567 I agree with that! Bob Robert Everett-5/22/1998
566 It's a tax free exchange deal if you wait it out.BARRY ALLEN-5/22/1998
565 Dr. - I've considered it, but am a bit put off by the commission. It'sMarkL-5/22/1998
564 If you like Quantum so much, why not just sell your ATL now, and buy some QuantDr. StrangeLove-5/21/1998
563 Gary, if the shareholders approve, the $29 is guaranteed. However, this will bMarkL-5/21/1998
562 Mark, I honestly have not takent the time to understand the formula but took tGary Leger-5/21/1998
561 Gary - message #557 mentions the guaranteed 29, assuming stockholder approval. MarkL-5/21/1998
560 Call the company for details. Lou Cifer-5/21/1998
559 Lou, Where do you get the 29 no matter what scenario. I haven't seen the dGary Leger-5/21/1998
558 Now it is clear! eom Carmine Cammarosano-5/20/1998
557 On May 18, 1998, ATL Products, Inc. ("ATL") entered into an AgreementMarkL-5/20/1998
556 Ask Lou, he knows...eom Carmine Cammarosano-5/20/1998
555 Seems logical. Thanks and thank you ODETA for the spin-off!BARRY ALLEN-5/20/1998
554 Barry, There is no great mystery here. All deals carry some risk even ones likeRobert Everett-5/20/1998
553 I think you miscalculated......$3 profit on $26 investment yields 11.5% over 4 BARRY ALLEN-5/20/1998
552 Great!IT's about time you made $$ since ADIC didn't work for you. Lou Cifer-5/20/1998
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