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Technology Stocks : Invision(INVN)going which way?
INVN 21.04+1.8%Nov 5 4:00 PM EST

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To: R.shubhada who started this subject12/8/2001 10:38:23 PM
From: songw  Read Replies (2) of 558
 
Washington Post $4-10 Billion Estimate

Washington Post Dec 8
"The FAA estimate of between $4 billion and $5 billion, presented at a House aviation subcommittee hearing, is far higher than what was suggested during congressional debates on the airport security measure. But Rep. John L. Mica (R-Fla.), chairman of the House aviation subcommittee, said even the FAA estimate may be too low, because it does not include operational and maintenance costs.

Mica said the final price tag may reach $8 billion to $10 billion. "The administration is going to have to present a price tag to Congress, and I think there's going to be some sticker shock," Mica said."
"There are 161 explosion-detection systems deployed in U.S. airports, said Steven Zaidman, the FAA's associate administrator for research and acquisitions. He figures the United States needs a total of 2,000 machines.

Only two firms, InVision Technologies Inc. of Newark, Calif., and L-3 Communications Holdings Inc. of New York, are certified by the FAA to sell bomb-scanning equipment for U.S. airports."
washingtonpost.com

obviously even at the low end estimate of $4B this is a huge windfall for both the FAA approved companies INVN and L-3.
ALOG hasn't commented yet on what their end may come to-one article i saw pointed to $200k per machine. With 1800 more machines needed that may be a chunk of change. Clearly supplying both companies will be a boost when the public gets wind of it imo
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