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Technology Stocks : KROL

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To: Ron who wrote (2)8/2/2002 10:35:45 AM
From: Ron  Read Replies (1) of 5
 
TROUBLED TIMES FUEL GROWTH AT SECURITY FIRM
Investors Business Daily 7-31-02
Fear and anger are making a comeback after a decade of being kicked around by wealth and prosperity. The threat of terrorism has done a lot of folks on edge. So do corporate scandals, economic woes and tanking stock markets.
For most companies it makes for a dreary picture. But for security firms it means blues skies and black ink.
Kroll, Inc is one of them. It's a risk consulting company that specializes in security services, including business intelligence, and investigations, forensic accounting and employee background checks.
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Kroll's business segments:
Investigations/intelligence
data recovery
forensic accounting
litigation support
asset searching
due diligence
employee background checks
executive screening
disability claims integrity
drug testing
vendor screening
surveillance
computer forensics
architectural security
consulting/crisis management
travel and political risk
executive protection
information security
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KROL earned 14 cents a share in Q2, vs a 25-cent loss a year ago. That beat views by a penny. But the stock fell after the company incorrectly stated 2nd half sales forecasts. KROL sees sales up 41-47% to $152-159 mil.
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