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Magal Security Systems (MAGS) Message Board

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  • newtrademan2003 newtrademan2003 Apr 9, 2004 6:33 PM Flag

    Questions on ARTX

    GREAT FUNDAMENTALS, FLOAT, REVENUES AND HOELNAD DEFENSE CONTRACTS AND EXPANDING BUSINESS, 80 mill in revenues, very low float and expected 15 to 20% increase in revenues.

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    • newtraderman
      Actually, AXYS is in a different but related industry than MAGS. If you look at some of the stocks in that industry you'll see that their valuations are much higher than the S&P 500. This suggests that the industry could experience selling to rotate out at some point. Right now the market is rotating into security Co's. Even the security industry has higher than average price ratios and could see rotation at some point before the end of the year. JMO
      Harry N

 
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3.93+0.01(+0.26%)Aug 22 3:39 PMEDT

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