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Magal Security Systems Ltd. Message Board

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  • Hedgeee Hedgeee Aug 17, 1999 7:01 AM Flag

    Signs of strength

    > Could this be the start of the
    breakout?
    > They're already at a new 52 week
    high.

    IMHO it's kept artificially low. Technically, there's
    no limit, now. As I said earlier, my target is $9 at
    least, based on different ideas:

    -high backlog
    (don't exactly know how high)
    -with the US spending
    1.4B pa on embassy safety
    sales should increase
    that much, that a mkt.cap
    of 60M or more is
    OK.
    -increasing terrorism world wide will keep
    investors
    *excited*.

 
MAGS
4.34+0.17(+4.07%)Aug 28 3:59 PMEDT