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Magal Security Systems Ltd. Message Board

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  • dontforgetlogin dontforgetlogin Apr 16, 1998 8:18 AM Flag


    The EOY report bears the soundness of the company. Without the acq and merger costs last year, Magal would have earned .54/share. Thing is, even if you buy on the recommendation of Barron's, you're still going to get hit with a certain amount of backwash after the article appears. When THAT subsides, it's time to move in.

    Besides ToledoJoe isn't the only one who believes in MAGSF (from the company's website): "The shares are held by Mr. Kirsh's Company (53%), by the public (29%), and by the Israel Aircraft Industries (18%)."

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