ATEC Group, Inc. Selected as One of "The 100 Best Stocks to Own for Under $20".HAUPPAUGE, N.Y.--(BUSINESS WIRE)--June 24, 1999-- Based On Earnings Growth, Stock Growth, Revenue Growth and Consistency, Gene Walden, Financial Expert and Author, Ranks Company No. 31 In New Book Published By Dearborn Trade ATEC ATEC Army Test and Evaluation Command (US Army; formerly OPTEC, Operational Test & Evaluation Command) ATEC Australian Tourism Export Council ATEC Advanced Technologies (Hamburg, Germany) Group, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ATEC) today announced that Gene Walden, investment expert and author of several investment classics, featured the Company in his new book, "The 100 Best Stocks To Own For Under $20" published by Dearborn Trade. Starting with 6,000 stocks, Walden selected the top 700 for in-depth analysis. By ranking each of these based on earnings growth, stock growth, revenue growth and consistency, Walden was able to select the 100 Best. Each company's stock featured in the book is accompanied by contact information, table of point ranking results, text about the company and explanation of results, and table of "at-a-glance" results. Walden's detailed introduction to stocks gives readers guidance on how to use this company-specific information to make educated investment decisions. ATEC Group was featured as #31 in the overall ranking of the 100 Best. Walden notes that ATEC's earnings per share growth for the past two years was 181 percent (67 percent per year); revenue growth for the past four years of 330 percent (44 percent per year); stock growth for the past three years of 68 percent (19 percent per year); and consistency in increased earnings per share three of the past four years and increased revenue four of the past four years. Surinder Rametra, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ATEC, stated, "We were delightfully surprised to learn that Gene Walden selected ATEC to be featured in his new book. His endorsement of our growth strategies both historically and moving forward - is duly appreciated, because we, too, agree that ATEC represents one of the best stocks for investors to own." About Gene Walden Gene Walden has authored several investment classics, including five editions of The 100 Best Stocks To Own In America, all of which were Money/Fortune Book Club selections; three editions of The 100 Best Mutual Funds To Own In America and the recent release, 100 Ways To Beat The Market -- both of which were selections in Money Book Club. He is the former managing editor of Sound Money newsletter and now publishes The Best 100 Update. Walden is a frequent contributor to the financial press and a featured speaker on radio and television talk shows nationwide. About ATEC Group, Inc. Based in Hauppauge, New York Hauppauge (pronounced /hɔpɔg/) is a hamlet in the Town of Islip and the Town of Smithtown in Suffolk County, New York, United States. , ATEC Group, Inc. is a PC manufacturer of Nexar XPA XPA Xeroderma Pigmentosum, Complementation Group A (protien) XPA X Public Access XPA Extra Points Attempted (football) technology, a leading system integrator and a provider of a full line of information technology products and services. As a one-stop company for the computer needs of businesses, professionals, government agencies and educational institutions, ATEC enters the new millennium with a technological arsenal that includes Y2K See Y2K problem and Y2K compliant. Y2K - Year 2000 remediation solutions, computer hardware, software, connectivity devices, multimedia products, data communication via satellite, video conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. , system integration networking, high speed data transmission, graphic arts graphic arts: see aquatint; drawing; drypoint; engraving; etching; illustration; linoleum block printing; lithography; mezzotint; niello; pastel; poster; silk-screen printing; silhouette; silverpoint; sketch; stencil; woodcut and wood engraving. , Internet and Intranet. In addition, the Company has positioned itself for growth in telecommunications, outsourcing of IT professionals, and offshore software development. For more information on ATEC Group, please visit the Company's web site at www.atecgroup.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements which are not historical facts contained in this press release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions, and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. |
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