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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: Skywatcher who wrote (143492)	2/9/2006 12:19:36 PM
From: M0NEYMADE	Read Replies (1) \| Respond to of 208838

Chris..."(Ball) conference call 2 weeks ago indicated management revised their aerospace business growth projection to the upside. Their aerospace and technologies segment sales were almost $700m for the year, with a record backlog of $761 million as they won several important contracts during the year. IMHO, BLL has already won contracts that LPTH will benefit from with the just-announced 3-year assured supply agreement with BLL. LPTH knows about these contracts, and is just waiting for the right time to release the PR. When they do, WATCH OUT SHORTS. LPTH is going to skyrocket. biz.yahoo.com Excerpt from Ball (BLL) Conference Call a few weeks ago ... Aerospace and Technologies Segment Aerospace and technologies segment sales were a record $694.8 million, up from $653 million in 2004, which was the previous record for the segment. Operating earnings were also a record at $54.7 million, compared to $48.7 million in 2004 and breaking the previous record of $49.5 million in 2003. "Margins in our aerospace and technologies segment improved in 2006 as that business continued to grow," Hoover said. "We ended the year with a record backlog of $761 million as we won several important contracts during the year. We began expansion of our facilities in order to meet demand for our products and services. "The Deep Impact mission to study a comet and add to knowledge of the formation of the solar system was a tremendous success in 2005," Hoover added. "2006 marks the 50th anniversary of our aerospace business and our history has been to build on past successes in order to expand our future market presence." "We expect another strong year in our aerospace and technologies segment, though operating earnings could decline marginally due to an increase in non- cash pension costs," Hoover said. "Strong demand continues for our capabilities and we see opportunities for sustained growth in defense/intelligence, remote sensing and space exploration in particular."