ANALEX Corp. (NLX) Computer Intelligence Service Provider
Computer Services Forum
In Q1, 2003, ANALEX announced it had met the requirements for listing approval on the American Stock Exchange (AMEX). On March 4, 2003, ANALEX began trading as "NLX", the new symbol. The company's stock previously traded on the OTC-BB.
(Formerly, Hadron Inc. (HDRN) and Infotechnology (parent to CNBC's
predecessor, FNN, Financial News Network), ANALEX is the result of HDRN's
acquisition of privately-held, ANALEX Corporation late last year. The NEW
Delaware corporation (formerly New York) recently announced the award of a
$160 million NASA contract.
Here's a link for this and other recent news events:
cbs.marketwatch.com
A link for the ANALEX website:
analex.com
Other websites that have useful information include Yahoo!Finance and MarketGuide.com.
Subject 36775
It is new management's vision and employees' mission that will be the
overriding positives in ANLX's future. Jon M. Stout, the new owner and
Chairman, along with his wife, founded DPC Technologies, Inc., a military
intelligence information technology company, which was sold to Northrop
Grumman in 1999.
Management's long term plan is to become a first class Computer Intelligence
Service Provider, coinciding with the goal of a stronger U.S. military.
Some of the reasons I chose to analyze this sector (ANT, CPHD, CSC,
MANT, NLX, SRX, VNX) are as follows:
1) Computer Intelligence is a specialized niche within the broad based
defense sector. Compared to its bigger brethren (NOC,GD,RTN etc), it has
been overlooked and underfollowed by the analyst/investment banking
community and the financial media.
2) Computer Intelligence is different from the general technology sector.
ANLX does not have inventories to work off, and is not subject to the
general market and psychological conditions.
3) The sector benefits from the stability of long term government contracts.
4) Geopolitical risks have necessitated the growth of government spending in
this sector over the long term.
My objective for this investment is long term oriented. For
disclosure purposes, I personally own shares of ANALEX.
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