SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : NENG: Network Engines, Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hal Campbell who wrote (125)1/12/2004 3:36:30 PM
From: Gus  Read Replies (1) of 186
 
Thanks Hal. Actually, tiny SPAB has been a surprisingly decent performer during the last 2 years before really taking off in the new year. I guess there were many traders keeping track of the Mars landings. Opportunity lands on 1/24 and that will bring the total number of spacecrafts in that area to 7.

YTD +121%
2003 + 61%
2002 + 16%

Revenues have ranged from $95M to $108M during the last 5 years and I really don't see yet how they intend to grow that to the next levels considering that NASA is expected to eventually phase out the space station (2015-ish) reportedly in favor of the moonbase and the manned mission to Mars. I agree with you that SPAB will probably remain an attractive acquisition for a company that wants to expand its commercial space program.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext