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Technology Stocks : NENG: Network Engines, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Hal Campbell who wrote (125)1/12/2004 3:36:30 PM
From: Gus  Read Replies (1) | Respond to of 186
 
Thanks Hal. Actually, tiny SPAB has been a surprisingly decent performer during the last 2 years before really taking off in the new year. I guess there were many traders keeping track of the Mars landings. Opportunity lands on 1/24 and that will bring the total number of spacecrafts in that area to 7.

YTD +121%
2003 + 61%
2002 + 16%

Revenues have ranged from $95M to $108M during the last 5 years and I really don't see yet how they intend to grow that to the next levels considering that NASA is expected to eventually phase out the space station (2015-ish) reportedly in favor of the moonbase and the manned mission to Mars. I agree with you that SPAB will probably remain an attractive acquisition for a company that wants to expand its commercial space program.