MAGS - Magal Security - Airport Bomb Detection + more Message Board

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Non-Tech : MAGS - Magal Security - Airport Bomb Detection + more

MAGS 67.15

+0.2%

Dec 9 4:00 PM EST

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To: William Harvey who wrote (316)	12/14/1998 9:03:00 AM
From: Bret P	of 394

I agree. TJ has quite a following. I've watched for a while as obscure and sometimes fundamentally questionable co.'s were whipsawed on no more than 3 or 4 words from him. No problem as I see it. Buyer beware etc. Very interesting phenomena. Magal viewed on its own merits is a fine little company. It seems the buyers need substantiation of not only earnings, but growth to keep their appetite alive. That did look promising until the loss of US approval. There could very well be some surprises ahead. An INVN-MAGSF deal of some sort certainly would'nt hurt. I personally took the opportunity to unload some at 2 13/16. Not so much disbelief in Magal, but a familiarity with the TJ phenomena. BP

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