DJ Security Technology Stocks Rally On Bin Laden Warning
By Ciara Linnane
NEW YORK (Dow Jones)--Shares of security-technology companies rallied Thursday after al-Qaida leader Osama Bin Laden warned of fresh terrorist attacks inside the U.S.
The threat came in a videotape broadcast by Arab TV network Al Jazeera, reports said.
On the videotape, Bin Laden said increased security in the U.S. since the attacks of Sept. 11, 2001, hasn't prevented al-Qaida from attacking again.
He said, "there are operations that need preparations and you will see them in your houses as soon as they are complete, God willing," Sky News reported on its Web site.
Bin Laden reportedly said that his organization is prepared to offer a truce to allow for the rebuilding of Iraq and Afghanistan.
In New York, explosives detection equipment maker Isonics Corp. (ISON) led the advance, recently adding 21 cents or 11%, to $2.10. Magal Security Systems Inc. (MAGS), a maker of intrusion-detection technology was up 30 cents, or 3.1% to $9.87.
Digital Recorders Inc. (TBUS), which makes video surveillance equipment for mass transit systems, rose 13 cents, or 7.4%, to $1.87.
Rival Ipix Corp. (IPIX) was up 17 cents, or 7.6%, to $2.41, and Global E-Point Inc. (GEPT) was up 20 cents, or 5%, to $4.21. |
