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Non-Tech : INVN- bomb detection company

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To: alvin ung who wrote (1)7/20/1996 12:54:00 AM
From: Carol Garlock   of 93
 
May I jump in here? I picked up INVN about 3 months ago (initial IPO $11.00) because of its ties to IMAT's technology. I had held IMAT for close to a year....and it was very much like watching varnish dry! Finally, bailed on one of IMAT's an early spikes out of sheer boredom. Having dispensed with personal motivations....IMAT has an excellent technology with, as INVN recognized, sundry applications.

I agree with Kenneth, although this is still a fairly "young" company, it's potential is strong. Terrorists have previously been more active in other countries, therefore sales have been stronger outside the U.S.. None of us will be surprised to see that begin to change.

InVision, sales jumped from $892T (95) to $3922T (96)1st qtr.. Contracts have been picking up since then...and with additional U.S. public urgency demands....I think the $'s will be found to install their technology both in the U.S. and more widely abroad!

Distressing as it may be to live in a world that needs such security, given the increased terrorist threat and heightened public fear, I don't see this technology continuing to be limited to airports for long.

Carol
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