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To: rogerover who wrote (87025)7/16/2009 11:58:47 AM
From: GARY P GROBBEL2 Recommendations  Read Replies (1) | Respond to of 120404
 
LAWE.OB..for the numbers we already have in black and white here the price remains very attractive...second half of year is also shaping up very well to make this one blockbuster year for LAWE. And as more stim money filters down to dept's and agencies that will dole it out LAWE should reap the benefits of same for many qtrs to come....so .42 seems like a real bargain to me here--->

Law Enforcement Associates Increases Mid-Year Revenue Forecast to $8.5 Million; Revised Estimate Represents a $4.7 Million Increase Over Six-Month Revenue Last Year



Law Enforcement Associates Corporation (LEA) (OTC.BB:LAWE - News), the largest U.S.-based developer and manufacturer of electronic surveillance equipment, today revised its revenue forecast for the six-month period ended June 30, 2009, to approximately $8.5 million from a prior estimate of just over $8 million. The revised figure would represent a revenue increase of roughly $4.7 million, or 124%, versus last year's six-month revenue figure of $3.8 million. LEA also projected strong profitability for the 2009 six-month period.


"Order and shipping volume during our second quarter were exceptional," said Paul Feldman, president. "Our strong second quarter and mid-year results will lead to a marked improvement in our balance sheet and will clearly illustrate the growing financial strength of the Company."

Feldman added, "Stimulus funding from the American Recovery and Reinvestment Act is now flowing into the budgets of our customers. We are taking aggressive steps to address the pent up demand for security and surveillance equipment that has been grossly underfunded for several years. We are optimistic that our sales efforts and product development programs will allow us to deliver continued strong financial results during the balance of fiscal 2009 and beyond."