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Technology Stocks : REDFLEX -- Ignore unavailable to you. Want to Upgrade?

To: Henrik who wrote (8)	5/16/2005 4:55:47 AM
From: machia	Read Replies (1) \| Respond to of 19

Henrik, thanks for that link. ACS State and Local seem to have been the leader in photo enforcement here up until last year but from what I can see RedFlex have knocked them off and are now number one in the US. The only other listed competitor I can find is Nestor, neso on the OTCBB, but despite their pretty bouyant stock price their business and financials look very sick. RedFlex are now profitable with about a AUD 4million profit for the 6 months to last December, do you have any revenue and profit projections from now on? Trawling the internet it looks like Texas is on the verge of legislating for photo enforcement plus some other states making moves towards legislation. There is a lot of noise from the very small, but very vocal, anti photo enforcement lobby trying to get bills through to stop these safety programs but they seem to be failing with the bills being defeated in Arizona and Texas. Some of their arguments they are using against photo enforcement make them appear brain dead, for example one woman told a Columbus, OH newspaper that photo enforcement cameras "take away my freedom to choose". Choose what, whether or not to run a light and risk killing some innocent person? The RedFlex stock price has had a great run but they are putting more runs on the board all the time so there appears to be no reason for the stock price to stop yet.