A stock newsletter that I appreciate very much (I made some good
picks based on his recommendations e.g. LUKOY) sent out an
"appetizer" to subscribe to his expensive (4000 US$) fax alert
service.
In this flyer he introduces (without mentioning the company name) an
unknown Israeli arms manufacturer whose cash register is going wild.
1) They have an aviators helmet that allow the pilot to lock on a
target and fire immediately.
2) Their new missile system antiquates the smart bombs used in the
war aginst the IRAQ.
3) they have a breakthrough guidance system for helicopters that
allows them to fly fast at low levels at any weather condition.
4) they have special helmets for tank drivers that give them a better
vision at night than ordinary helmets in the day-time.
5) the yhave lots of unique patents to upgrade old US and Soviet
fighter planes, bombers, tanks and ships.
The editor of this service expects this company to yield 700% profits
over the next 3 years!
Because this sounds at least intersting and I will not pay 4000 US$, i
did some DD and came up with the idea that it will be ESLTF.
Yahoo has some information at
quote.yahoo.com
The company has a home page at
elbit.co.il
and there is an intersting article about its parent company at
link.co.il
I would welcome any discussion about the future of this company and
its stock price.
Regards Ronald |
