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Technology Stocks : EDO Corp - Makes sensors for satellites & communications

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To: Mark Hill who wrote (16)10/24/1996 8:17:00 AM
From: Robert DeHaven   of 44
 
As you probably read in the Journal.....

EDO has signed a major Sonar contract with an international customer to upgrade
their defense systems against submarine attack. My guess is it is Korea.
Terms of the deal were not disclosed however it appears to be a "Major" contract for EDO.

I believe in this company. They appear to be headed in the right direction.
The price of the stock has bee trading above its 200 day moving average since June.
Best is yet to come on this one.

Also, Wall Street has not discovered this one yet. No Analysts cover this stock.
That will change soon I think.

Anyone else follow this one?
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