Hi Oak,
<news people were saying that the added inconvenience and extra cost for the added security are not worth it>
I remember the delays and inconvenience that the Unibomber scare caused at LAX over one Thanksgiving weekend. It seemed that most people took it pretty well....especially given the potential alternative! We humans do adjust pretty quickly, all things considered. Not too long ago, you were expected to arrive at airports early enough to park you car, check your bags & verify your ticket...then run for the gate (all told maybe 30 mins. prior to scheduled departures.) Over the course of the last several years, that 30 minutes has been stretched to an hour for domestic flights and 2 or 3 hours for international flights. Do we give that much thought? I suspect not...it has become routine. When I was in my 20's (way back in the 60's) my drivers license was basically only used if I got stopped by the police for a driving infraction. These days I am not only constantly asked to show my DL to prove that I am me, additional means are often employed to substantiate that ID as identification (pin codes, club cards, ID badges, etc.) These "mini security" checks take our time and cost us money. But we don't give them a lot of thought...we are used to them...and the consumer's alternative of having someone feloniously use our checkbooks, credit cards, etc. seems to be a less agreeable alternative. As the merchant, less invites lawsuits and losses based on lack of diligence.
I think I have made my point...please forgive my long-windedness! As consumers we will demand increased security and will tolerate it's cost...as vendors, fears or realities of decreasing sales, competition and liability exposure will dictate it's inclusion.
<long term investment or just a quick up and down?>
It is my understanding that INVN is the only company with this technology that has been tested and approved. INVN has a recognized reputation and presence in Europe, as well as, by the security community within the U.S.. Realistically, I would expect that at best, it will take at least a year or two to get just the internationally rated airlines within the U.S. "up to snuff" with their security protocol! As an INVN shareholder, I see wider demand and higher urgency as a strong *on-going* market. To the best of my knowledge, INVN has a low float. INVN's market price hasn't quite doubled yet, so it is still relatively cheap.
Re-reading this, I sound pretty bullish on INVN. I am. I should also clarify that I have no connection to INVN except as a holder of 200 shares...or to the airlines except as an traveler who desires maximum safety.
Good luck.....and yes, I expect to see some profit-taking as we go up...hope to be able to manage another 100 or 200 on those dips!
Carol |
