Engineered Support Systems (EASI): 10x in 4yrs

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Non-Tech
Engineered Support Systems (EASI): 10x in 4yrs

An SI Board Since July 1997

Posts	SubjectMarks	Bans
38	0	0

Emcee: Uncompaghre	Type: Unmoderated

Introduction Compact

This one's a hummer.

The stock for Engineered Support has recently gone up in price but can still be considered a bargain when considered against it's peer industry.

Engineered Support Systems is a holding company which consists of two elements: 1.)Engineered Air Systems: designs, markets, and manufactures defense systems, air conditioning & heating systems (for military aircraft) and distribution systems; 2.) Engineered Specialty Plastics: manufactures injection molded plastic products for commercial and military applications.

For the latest quarter (ending 4/97) revenues rose 21% to 46.3M and net income rose 58% to 1.9M. There are about 3.2M shares outstanding with 1.9M in the float.

The company has recently taken a more aggressive marketing stance and has cut back on S/G/A costs to both increase sales and increase margins. The company has a large cash position and is actively seeking acquisition opportunities. The Federal Government, with which the company does most of its business, has recently raised the number of employees a small company can have and still be considered small (from 500 up to 1000). Small company status allows, among other things, in progress payments while a contract is being completed.

The company has a backlog of more than $100,000,000. Current estimates on the street do not include either additional contracts or potential acquisitions only in house work and DOD options.

There is a good article in the Investor's Business Daily for June 23rd 1997.

Engineered Support Systems

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
38	I liked this co. to trade this past year, but I can't see any reason to buy	Uncompaghre	-	1/11/1998
37	Is it time to buy back easi? The borad is quiet!	peter shi	-	1/11/1998
36	jbe--I sold my last position today. The prognosis is great for the co. but the	Uncompaghre	-	10/30/1997
35	Anyone have any idea why EASI is down 11% today (at about 2:00 p.m.), on no new	jbe	-	10/30/1997
34	Hi everybody! I am checking on EASI because it is in the same game as ALR which	Chris	-	10/17/1997
33	Hi Dave, When does easi report earnings? Thanks. Best regards RB.	Ricardo A. Biondi	-	10/15/1997
32	Look for 2-for-1 stock split announcement with earnings report this quarter or	dave niper	-	10/15/1997
31	What a day! Checked it in the morning and WOW, $29.00!! Looked later and it'	dave niper	-	10/14/1997
30	That was an exciting one, Dave. The height of the triangle we're breaking	Uncompaghre	-	10/13/1997
29	Any comments on the AWESOME move today? Intraday at $27.00!! MORE TO COME!?! R	dave niper	-	10/13/1997
28	jbe, On first blush, I would say the apparent decline is caused by the actual	Uncompaghre	-	10/11/1997
27	Hello, everybody -- have you lost interest in EASI? I have regained interest,	jbe	-	10/11/1997
26	Thanks for the input. I guess this hammer thing you speak of won't be naili	dave niper	-	9/28/1997
25	EASI is looking very good from a technical perspective. If you draw an uptrend	Uncompaghre	-	9/27/1997
24	Uncompaghre -- Thanks for your speedy & meaty response! (The meat is meant	jbe	-	9/21/1997
23	jbe That's not only a mouthful, but two side orders of fries and a piece o	Uncompaghre	-	9/21/1997
22	Well, I bought EASI a few weeks ago, after it aced almost all my value & gr	jbe	-	9/21/1997
21	COOL Regards, Dave	dave niper	-	9/21/1997
20	Quiet Dave...shhhhh...I was sleeping. The year'll be over for EASI pretty	Uncompaghre	-	9/21/1997
19	Anyone here? Think I'm hearing an echo! Charles Schwab sent me some info. o	dave niper	-	9/20/1997
18	What does it take to impress you guys? Any comments? Regards, Dave	dave niper	-	9/8/1997
17	Is anyone reading the same ticker tape as me? This thing is scorching hot!!! I	dave niper	-	9/5/1997
16	Henry Jakala: Where do you get this kind of information. Thx Raj	Nagaraju R. Arakotaram	-	9/3/1997
15	New 52 week high! Time is at hand. Dave	dave niper	-	9/2/1997
14	I'm in accord with you. Going back 5-6 weeks, this puppy shot up to $20.00	dave niper	-	8/28/1997

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