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Frequency Electronics (FEI) Message Board

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  • BaysidePlayer BaysidePlayer Aug 30, 2002 1:44 PM Flag

    High Tech Defense poised for big burst

    Why don't you finish the sentence!! By letter dated October 21, 1998 the U.S. Department of the Air Force concluded the proceedings with respect to the debarment, and determined that the debarment of FEI will be terminated on December 12,1998 without condition. Such debarment, in fact, terminated on December 12, 1998 and, as a consequence, FEI may engage in projects related to U.S. Gov't military and space related efforts if it chooses to do so.
    This is in the 10K dated April 30, 1999 under item 3 legal procedings, last paragraph titled Gov't Contract Suspension and Debarment.
    If you want to quote out of annual reports and 10K's please quote properly. FEI can do business with any Government Agency it chooses.

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    • Thank you BAYSIDE for looking up the date of lifting the debarment.
      Misinformation is used by unethical detractor
      to achieve a gall. The question why is this detractor putthing long hours digging in the mud to discredit a blue chip like FEI?
      Why doesn't he use his hard work to make money?
      OR IS HE? I like your statement QUOTE PROPERLY.
      discl: I am long FEI and think it is a low risk high reward investment. Company that is able to pay dividend is high on the list of institutions' purchase in this market.
      Martin owns 800,000 shares and management owns
      about 17%. THE INTEREST OF THE MANAGEMENT,THERFRE,IS ALLIGNED WITH THE INTEREST OF SHAREHOLDERS AND ESOP.
      MARTIN CARES ABOUT FEI.
      I WISH HE WILL BUYBACK FEI BEING SO UNDERVALUED.

 
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