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Magal Security Systems Ltd. Message Board

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  • karisrichstar karisrichstar Apr 8, 2004 8:44 PM Flag

    CDCY is dumped because of old news

    Mags is very good ..... Ipix is also an excellent one....I also bot Cdcy today....but, somehow....I think the funds which they received about 5 Million or so...can't remember right now....will offset the past 3 months earnings.

    Also, someone posted that Cdcy now has a backlog worth $175 million.....vs Taser's backlog of $50 million.....

    Cdcy is a very good investment I believe, because its income, etc....is superior to most of the defense stocks....and has a bit of a ninche specialty products and services....Looks good to me....

    Don't think it will be a "long hold" (unless you want to)....may not even go down all that much....but even if it went down to $11 or so....should quickly be back at $17+ within a week or so....maybe sooner....

 
MAGS
4.75+0.01(+0.30%)May 27 3:24 PMEDT