For those of you have not seen this news article.
12:00pm 03/15/04
Security-related stocks rally amid GE buy of InVision (GE, INVN, IDNX, ASE, LLL, OSIS, ALOG, TMO) By Tomi Kilgore
NEW YORK (CBS.MW) -- Shares of homeland security-related companies got a lift Monday after General Electric (GE) said it would pay a 21-percent premium to buy explosives detection systems maker InVision Technologies (INVN) . Facial recognition technology firm Viisage Technology (VISG) surged 70 cents, or 12 percent, to $6.60 on volume of 1.8 million shares, which was already 4 1/2-times the full-day average. Identix (IDNX) , which makes fingerprint reading equipment, climbed 35 cents, or 6.4 percent, $5.78. American Science Engineering (ASE) , which makes X-ray inspection systems, rallied $1.10, or 9.6 percent, to $12.50. Among other security-related stocks, L3 Communications (LLL) added 28 cents to $53.53, OSI Systems (OSIS) gained 80 cents to $19.99, Analogic (ALOG) edged up 16 cents to $41.70 and Thermo Electron (TMO) eased 26 cents to $27.31. InVision was surging $8.10, or 20 percent, to $49.32, after GE bid $50 a share to buy the company.
Ron |
