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Technology Stocks : BTGI- BTG INC.
BTGI 0.0003000.0%Aug 18 5:00 PM EST

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To: RALPH EDRICH who started this subject9/20/2001 9:06:06 PM
From: Paul Lee   of 525
 
smallcapcenter.com
BB&T Capital Markets analyst Tom Meagher covers Titan. He said that while the timing appears interesting, this merger has been in the works long before last week’s events.

"BTG was widely rumored to be on the block for a while," he said. "We know they came close to going to the altar with a number of different interested parties over the last couple of years. But this is the first time they got the price that they really wanted."

In lieu of the attacks last week, Meagher said the Bush administration will probably be spending a lot more money on intelligence, which is a positive for Titan if this deal closes.

"It’s hard to say that what happened last week is good for anything but the fact is the government is going to put a lot more money into the intelligence community. Titan already had a presence there but they’ve really added to it with the acquisition of BTG."

Meagher added BTG has a "solid competitive position" in the intelligence community.

"Titan is buying them at the right time, let’s put it that way."
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