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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (32677)	9/1/2000 11:41:24 AM
From: mattie	Respond to of 50167

HEII, Fiber Optic Play at 3 times Sales...lots of insider buying too. --3:28 pm - Aug 31, 2000 HEI (HEII: news, msgs) said it expects revenue growth of 50 percent in fiscal year 2001 due in part to strength of new high frequency, chip carrier technology and enhanced manufacturing capabilities. Also, the company said it has secured a $13.5 million, three-year credit agreement with LaSalle Bank Business Credit. HEI will use this capital to fund its aggressive growth as it expands its technology and product lines worldwide. "This credit line will give HEI increased financial strength to develop new product lines and diversify into new markets," said Chairman Anthony Fant. HEI shares are up $3.50, or 19 percent, to $24.