Invision(INVN)going which way? Message Board

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Technology Stocks : Invision(INVN)going which way?

INVN 20.76

-1.3%

Nov 6 4:00 PM EST

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To: Jim@Inland who wrote (381)	12/8/2001 6:51:21 PM
From: Jim@Inland	of 558

The important part IMO Mr. Zaidman said the job would cost $4 billion to $5 billion, and that Congress had appropriated $97.5 million for the fiscal year that ends on Oct. 30, 2002, three months before the deadline for screening all bags. Heck, if INVN gets 100% of this money next year, that will be 97.5 million. Hmm, when you consider that they have achieved a gross margin of only 18.7% on this kind of equipment, then you have an earning potential of about 14 cents per share next year. Add that to the annualized earnings reported as at the 9 mo. ended Sept 30th, and you will see a great increase in earnings potential next year for INVN if they get 100% of money earmarked by Congress for the FAA to install this equipment. .14 cents plus 6.6 cents so maybe even rounded up to 21 cents. That would represent a 3.2 times increase. Not Bad Jim

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