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Technology Stocks : TTLO-TOROTEL
TTLO 6.080-0.3%Nov 10 4:00 PM EST
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To: Tim Davies who wrote (1)7/24/2002 2:07:38 PM
From: GARY P GROBBEL   of 4
 
TTLO..if you listen to interview at Ceocast.com you will hear CEO state that if you think defense spending and Homeland Security spending is going to grow that it will be good for TTLO...well, my own numbers show approx $2.2 Trillion coming out of Wash D.C. over next 5 years for base defense budget, bumps in same, and base Homeland Security budget.
With TTLO OEM in many military programs along w/the recent acq of Electronika, which gets them a gold plated Boeing supplier status, the company is on their own projecting a 37% increase in rev next year. My own estimate is just a bit higher.

This company has been around for a long time, used to be a major defense supplier, and is now regaining some of their former status. It is the right time to invest if you think defense companies are going to perform well over the next few years...esp if we get into a missile conflict w/our buddy Iraq.
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