FACT is, that the war is essentially over... terrorists will be prosecuted... america has totally annihilated these guys...
NOW, think, where will the stock go once people realize that the hype is just hype?? true, that there will be increased security, but this isn't a high growth area per se.. this is no palm pilot or computer chip..these are one time purchases, MOSTLY in israel, and fact is that most places that need security surveillance already have systems set up..
so to justify a move like this??? i have to think that this was because of the INVN moves, because they seemed to go correspondingly.. but remember, that INVN has a federal mandate behind their orders... this stock, which isn't even in the US, has no mandate..the only thing said by the CEO was "we expect an increase in orders in late 2002"?? hey, it's 2001 right now but ur valuing it like it already has orders.. enough said
Israel is going to be a long war this is not about Sept 11th. Major mistake to short a stock on a buy signal wait for it to turn. This stock has legs. Like biotechs and internets defense is having it's turn. If we get news and Iam sure it will be soon look out. INVN should not be as high as it is but either was AOL and look how long it took to come down. Don't fight the trend. NITE.