Vartan, thanks for the suggestion. AIT Advanced is near the 52 week
low of 6.25 cdn. It was soaring on its technology, which sounded excellent.
I thought they did only passport readers, but I just checked, and they
seem (as you say) to compete head on with Mytec. Their br 100 hand scanner
might be competitive in the 'welfare id' business, and not have the stigma
of any 'fingerprint' criminalization.
I emailed ms roberts at AIT, asking if they were bidding on the Toronto
system. If they are, and if they win, it would really boost their stock.
The financials look awful for AIT, so this is obviously a good time to buy!
The price chart is flattening out, volume is low.
Turnaround needs good news. Some really good news would be settlement of
American budget fights, so that the US could buy lots of AIT border control
devices.
thanks for the tie-in,
fred bealle |
