Anyone heard of/interested in this company. It just recently came public and is expected to release it first public earnings report at the end of January, 1997. But don't let this scare you. A look at the prospectus shows solid revenue and earnings growth for the last 5 years and a sound balance sheet.
Its in a niche market with basically no competition at this point. It produces interactive simulation systems designed to provide firearm training for police officers and defense forces and has recently entered the hunting/sports training market.
Originally priced between $14-$16, it was brought public by Montgomery Securities at $14 in late November. The price dipped to $10 1/2 and is now back in the $14 range.
It appears to me to be undervalued at this point and I expect it to generate some investor interest when it posts its results.
Any comments? |
