INVN- bomb detection company Message Board

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Non-Tech : INVN- bomb detection company

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To: PAR who wrote (68)	7/29/1996 3:33:00 PM
From: bob mackey	of 93

Is it time to short bomb-detection stocks? I didn't get in on the upside. The morning gaps jumped right over my bids and I didn't chase it up. On the hopes that there are no more bombs this week, I expect INVN, BARR, ASE, MAGSF, TMD to return to a level more consistent with growth and earnings. Even if INVN does sell a lot more machines as a result of the last two weeks news (and maybe election year politics), the contracts won't be issued for months. I'm guessing that these stocks will slide back to near their pre-TWA#800 level within a week or so. INVN may hold its price better than others due to 12/94 FAA approval. Who else is considering shorting? Or at least selling very soon. -bob mackey

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