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Technology Stocks : Invision(INVN)going which way? -- Ignore unavailable to you. Want to Upgrade?


To: Brasco One who wrote (368)12/7/2001 6:13:27 PM
From: Mike M  Respond to of 558
 
I shorted at 27...boxed long at 26 and am riding this out until the stock turns...up net one. Don't want to wait and find out if I can find shares or an uptick when the earthquake starts.



To: Brasco One who wrote (368)12/7/2001 6:44:06 PM
From: OmertaSoldier  Read Replies (1) | Respond to of 558
 
Read away. If you are short this stock, the pain will keep coming. In at $7.99 on 9/19/01.........

From AP:
12/7/2001 5:16:00 PM

WASHINGTON, Dec 07, 2001 (AP Online via COMTEX) -- Executives of the companies building explosive detection machines say they can produce them quickly enough to meet a congressionally mandated deadline for screening all checked airline baggage.

"We have never been capacity-limited; we have only been order-limited," said Frederick Muntz, vice president of InVision Technologies, one of two companies building Federal Aviation Administration-certified bomb detection machines.

"There is plenty of manufacturing capacity," added Frank Lanza, chairman of the other FAA-certified company, L-3 Communications.

To meet the new aviation security law's Dec. 31, 2002, deadline, the FAA estimates that it will need more than 2,000 explosive detection machines at the nation's 453 commercial airports; there are currently 161 machines at more than 50 airports. The estimated cost is $4 to $5 billion, plus another $1 billion for employees to run the machines.

"There is no doubt that meeting the deadline for deployment will be a difficult task," said Rep. John Mica, R-Fla., chairman of the House aviation subcommittee, which held a hearing Friday.

InVision and L-3 officials said they could bring in other companies to build machines if necessary.



To: Brasco One who wrote (368)12/7/2001 7:17:32 PM
From: rogermci®  Read Replies (1) | Respond to of 558
 
Technicals and mo driving the stock higher. Doesn't look like AP is too interested yet:

From: Anthony@Pacific Friday, Dec 7, 2001 4:50 PM
View Replies (2) | Respond to of 74390

INVN is incredibly crowded, CNBC pimps it, and they print news everyday, whats interesting is that INVN released a story about a 27 million dollar order yet it was the exact same order they announced in july 2000, just cancelled and reissued for updated eqpt, it will and will continue to benefit from the panic we are facing in our airports and in our media.
INVN wont be here for ever but for now its the mo mo choice

I've got it on the radar but it probably carries further then you think. We need a "Truthseeker" report.

roger