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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (36447)	1/13/2010 10:25:54 AM
From: Grommit	Read Replies (1) of 78740

LLL & FR announcement: I agree with you but do not see where they are paying a premium. I may have mentioned that I have small positions in FLR, SHAW and VSEC. I recently took a similar position in LLL. Although (like VSEC) I do not understand their business, it sounds impressive and important. They sell airport scanners, but it is a very small part of their business. finance.yahoo.com The U.S. Transportation Security Administration now plans to buy a total of 450 body-scanning machines -- more than ten times the number now in use... After testing Rapiscan against the existing vendor, L-3 Security & Detection Systems, a division of L-3 Communications Holdings Inc., the government in October said it would purchase the 150 new machines from Rapiscan.L-3 makes the 40 machines that have been deployed by the TSA.

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