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Defense stocks attract as global conflicts heat up
Fri Jul 14, 2006 3:20pm ET
http://today.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?view=CN&storyID=2006-07-14T192025Z_....
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NEW YORK, July 14 (Reuters) - As Israel steps up its assault on Beirut, and tensions remain high over Iran and North Korea, some on Wall Street are pointing to defense companies as an essential component of a "wartime" investment portfolio.
Defense stocks like Lockheed Martin Corp. (LMT.N: Quote, Profile, Research) and Northrop Grumman Corp. (NOC.N: Quote, Profile, Research) have roughly doubled in price since the U.S.-led invasion of Iraq in March 2003 and look likely to hold onto their gains as global violence escalates.
"A conflict per se doesn't have any immediate effect (on stocks)," said Peter Arment, a defense industry analyst at JSA Research. "It's more psychological -- it's sort of a reminder that security issues are top priority."
Defense stocks fell on Friday, in a broad market decline, but the Standard & Poor's Aerospace and Defense index <.GSPAERO> is still up more than 8 percent this year, compared with a 1 percent dip in the S&P 500.
Stocks in the defense sector, which normally trade at a discount to the broader market, are actually more expensive at the moment, pointed out Arment. Leading defense stocks are trading at about 17 times forecast earnings for this year, on average, ahead of an average 14 times for the S&P 500.
Companies like Abrams tanks maker General Dynamics Corp. (GD.N: Quote, Profile, Research), jet fighter maker Lockheed and warship builder Northrop are best positioned to benefit from the growing U.S. defense budget, said Arment, as the United States aims to keep its defenses strong.
Smaller firms like DRS Technologies Inc. (DRS.N: Quote, Profile, Research), which sells defense electronics and military support services, also stand to benefit, he said.
The build-up of tension across the globe fueling strength in defense stocks is a long-term key theme identified by Merrill Lynch investment analyst Richard Bernstein.
"Recent events unfortunately serve to reinforce our theme," said Bernstein in a research note published earlier this week. "India, Israel/Gaza, and Israel/Lebanon are just this week's additions to a growing list of hot spots or buildups in military preparedness. It's unfortunate, but defense stocks -- both in the US and Europe -- and small gold positions still look attractive to us."
DD On CVSU's LotteryFever.com...!!
http://www.forbes.com/prnewswire/feeds/prnewswire/2005/06/04/prnewswire200506041413PR_NEWS_B_MAT_NY_...
Waatle Holdings Corp. Spotlights Subsidiary Point Click and Dream Inc.
06.04.05, 2:14 PM ET
KENNESAW, Ga., June 4 /PRNewswire/ -- Waatle Holdings Corp ("WHSC"), a diversified holdings corporation, spotlights subsidiary Point Click and Dream Inc. a leading Online Lottery company.
"What the team at Point Click and Dream has put together is the future of the Lottery industry, and we feel they have just begun to scrape the surface of their abilities," stated Rufus Harris, CEO, Wattle Holdings Corp.
The following statements from leading Political and Lottery officials reflect the same opinion.
"Every state is looking at it," says Georgia State Rep. Terry Barnard, a Republican whose bill authorizing Internet sales passed the Georgia House of Representatives in March, 2005. The Senate adjourned before taking action.
"I have said for 10 years that Internet lottery sales are just around the corner, and I may finally be proved right," says Charles Strutt, executive director of the Multi-State Lottery Association, which runs the Powerball lottery.
"Internet sales are the next logical step to make life easier for our players," says Rick Wiser, executive director of New Hampshire lottery.
"The bottom line is: It will make more money and help school funding," says Illinois state Senator John Cullerton, a Democrat as the Illinois Senate approved online sales April 14, 2005 and sent the bill to the House.
Read more about Point Clink and Dream Inc. (LotteryFever.com), see the Introduction Video and visit the sample site at www.waatle.com under Subs and Projects.
About Waatle Holdings
Waatle is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. Waatle's main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. Waatle Holdings is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at http://www.waatle.com or e-mail us at Contactus@songwi.us .
Subsidiaries and Projects
Calleo Gourmet Coffee, Reese International Inc., Live Mortgage Free, Federal Chamber of Commerce, CyberLott, Inc., Amruss Group, LLC and Forex West, InfinityOne, Inc., Point, Click and Dream (LotteryFever.com), JOWEI Holdings Inc. and Tserof Holdings Inc.
SOURCE Waatle Holdings Corp -0- 06/04/2005 /CONTACT: Rufus Harris, Chief Executive Officer of Waatle Holdings Corp, +1-770-420-8270/ /Web site: http://www.waatle.com / CO: Waatle Holdings Corp; Point Click and Dream Inc. ST: Georgia IN: CNO CPR ITE MLM SU: DO -- NYSA007 -- 9603 06/04/2005 14:13 EDT http://www.prnewswire.com
Copyright © 2004 PR Newswire All rights reserved.
Dude he's an "honest shortseller"...short FHAL @$1.05
That's all we need to know about his purpose here on this board.
Excellent point, Sceptic. If we don't get an answer to this by Tuesday, let's keep emailing both of those gentlemen.
LOL! It is sad to be so transparent. I almost feel sorry for the guy.
I've passed the word along...and maybe some of that excess energy will find a new direction!
And a "good friend" of Gen. Wesley Clark:
For the link on James Klugh stumping for Gen Clark during the 2004 primary, go to http://scprimary.textamerica.com/details/?r=359947
it's a small blurb, but it says alot. As Rufus said, it's who you know in this business.
Energy...you're so wired, you were still up when I finally gave in to Mr. Sandman.
Guess tomorrow AM we'll all be here, with coffee and donuts, doing the level two premarket watch.
Let's face it, most of us would be thrilled if the stock went to a mere $5.00.
$15 would be lovely. $25 a dream....and those other wacky numbers, well, they're like dreaming about the lottery.
But who, when they started buying this stock, wouldn't have been thrilled with a run to $2-$3 dollars. Honestly...let's not lose perspective here.
I don't think I'd be crying all night if the stock opened at $15, and fell 50% even to $7.00.
In my mind, it's all good.
Thanks, Doni...you've had some great posts this week. Great minds think alike, I guess...
Are you psyched aout tomorrow? Should be interesting this week!
Did you see JJ's link to the Arabian FHAL site? TOO FUNNY!
http://www.uaesm.com/vb/showthread.php?t=75514
There have been alot of naked short shares traded, or what I call "air shares", some peole call them "FTDs" for Failure To Deliver.
He wants to stop the music, and the naked shorts will be left standing. What I heard him say in the interview is that this is for our benefit. If he chooses to halt trading and reopen, legtimate shareowners will have proof of ownership in order to receive one of the new CVSU share for each FHAL shares they owned before the merger.
Proof of ownership never hurt anyone. It's a free process, and the sooner you begin the request, the sooner it will be processed.
Better safe than sorry!
Sure, let's talk about your points. I don't see any need for anyone here to get defensive about legitimate discussions or even disagreement. I think people here are just excited, and that probably accounts for much of the pumping.
Why is Rufus discussing retirement? I think he mentioned right before that point, that he suffered a stroke and is partially paralyzed. Perhaps he doesn't want to work that hard now, but he wants to steer the CVSU AISS merger deal through to completion. In the world of entrepreneurs, there are those who are good at starting up a company, and then those who excel at operations and growing a business. They are very often not the same person.
Bill Gates, when he started, was a college dropout without any history of success. He had difficulty getting credibility in the early days of Microsoft as well. In hindsight, anyone who bought microsoft at $1.00 looks brilliant, but at the time there were many questions about his credibility, and most serious bets were still on IBM. Same deal with Apple..they looked like the Rebel Alliance from Star Wars, complete with Wookie. I believe Steve Jobs was also a college dropout, with 1 year at a community college under his belt. (I remember the mood because I was there...most grownups over the age of 40 could not believe a bunch of scruffy kids could take any marketshare away from IBM)
Warren Buffet's early deals were not always successful. In fact, Berkshire Hathaway was the result of a reverse merger with an unprofitable, now defunct New England textile corporation.
Let's face it, we are in the penny stock investment world. If any of us wanted 100% guarantees and security, we would not even be having this conversation right now. Most stocks on the OTCBBs are medium to long shots.
However, as bets go, this seems to be one of the better ones that any of us has come across in a while.
I would love to hear what your Morgan Stanley broker had to say, however. Please PM me, if you don't feel comfortable posting her comments.
Yes, I'm doing that with my Ameritrade account on Monday.
They'll ask for proof of share ownership. There are alot of counterfeit "air shares" and naked shorts people have been trading back and forth, which is why the stock price is where it is.
If Rufus feels he's had enough of the bullsht, or any one tries to naked short the stock to .50cents, he'll halt trading, and reopen at $15.00. Then all legitimate shareholders will show their certificates of ownership, and receive new CVSU ticker stocks worth the new market price.
And naked shorters will be driven to bankruptcy. As he said, it doesn't matter to him...he's not the one doing it.
they've been forewarned. If they think they're hurting now, just wait til the market price is $15.
OUCHHHH!
RUFUS: "Then we'll just halt trading and re-list...we'll be at 15 dollars..."
I transcribed this from the interview:
http://www.investorshub.com/boards/read_msg.asp?message_id=12189287
RUFUS's WARNING TO ALL SHORTS:
Segment 4, 11.00 mins.
(Why we should all have hard copy certs. I transcribed this from the interview)
Rufus Paul Harris: EXACT QUOTE
"....If this stock continues to do what it's doing what it's doing for the next two weeks..after the merger is filed, and our 10k is filed, and it runs up to 9 bucks, but it trades 400 million, y'know, there's not much explaination for that..so
...I'm just trying to give you a protection, in case it does something really crazy...and the market makers don't leave it alone....
Then we'll just halt trading, call for the certs, and then the people will be left short, and lose...
...when we come back out and re-list, we'll be at 15 dollars, and they'll wind up losing 100 billion and filing bankruptcy.
...Doesn't matter to me...they're the ones doing it, not us...
I just brought it up again. Looks like they've re-done the interface.
Could it be that there are too many people attempting to listen to the feed right now? I've seen that happen before.
What search engine are you using? I use Internet Explorer, and when it starts acting up, I go to "tools" > "internet tools" >"delete" > "temporary internet files"
I'll log out, try logging back in, and see if I'm getting the same problem
MUST READ !! - for all newbies and wannabe's ......
Read the last sentence below (taken from CVSU's website), but also realize this is only talking about a deal with one company. There are many many more. And most important ? This is only one of 16 companies involved in the merger !!
"PROCUREMENT PHASE: F-35 JOINT-STRIKE FIGHTER (JSF)
The Joint-Strike Fighter, ordered in October, 2001, could reach $244 billion in contract value, including research, development and procurement of 3,150 jets. The stealthy, supersonic aircraft offers improved lethality, survivability, supportability, and affordability (e.g., in procurement and support) over most existing multi-role aircraft. Expectations are for low-rate production to commence in 2007 and for first production deliveries in 2008. Initial operating capability is expected in 2012 for the Marines and in 2013 for the Air Force, the Navy, and the U.K. The Air Force envisions buying 1,763 aircraft to replace the F-16 and A-l0 and to complement the F/A-22. The Navy plans to buy 680 to complement their F/A-18E/F fleet and replace the Marines' AV-8B and F/A-18C/D. The U.K. is looking to buy 150 as a replacement for its Sea Harrier and GR-7 aircraft. In fact significant international demand is anticipated, given the number of governments (the United Kingdom, Israel, Netherlands, Italy, Canada, Denmark, Norway, Turkey, and Australia) participating in the System Development and Demonstration (SD6D) phase, the program is currently in the third year of a $19 billion SD6D contract. Upon first delivery, sales likely will begin to grow from the current $3.3-$3.5 billion annual expenditure toward projected $7-$8 billion levels. American International Smart Structure expects to capture up to $500 million over the forecast period."
originally posted by:
Posted by: IHDR
In reply to: None Date:7/19/2006 12:54:04 PM
Post #of 3509
QUICK NOTES ON INTERVIEW
1- "They have bought up over 100k shares on the market and if there are shorts it will have to be covered before the merger is complete" "short squeeze"
They used a trust to by up the float. The float will be held in the treasury and if needed at a future time then they may release them. The company is fully funded and will not need any dilution to fund operations
2- They will set the pps at 15.00 on the first day of trading and if the market supports it then that is the price "we" get...
3- Picure it as an IPO and we have the shares up front. It is his job to make sure that the share price stays at the $15 or more. The have huge contracts sitting on the table. They have bonds from third world countries to add to the list. He feels that $15 is undervalued
4-No r/s but perhaps a forward split after the merger is complete (8K will not allow them to do a r/s or any change in share structure until after the merger.
5-Rufas owns 9m of CVSU and none of FHAL
6- 3.5 billion in assets and 500 million in bank
7- S-4 is filed and 50 million set aside for each "project"
8- "We" would hold shares of AISS that is currently valued at $60/share. The board would like to have a value of 100/share within 3 months
9- the online lottery will be available in Ohio, Georgia and California (maybe another) by end of the year.
10- Fryyguyy just got puked on...time out
11- Moving to NASDAQ 50-60 after merger complete and volume stable
most notes posted by Fryyguyy and reposted by MRS. RUFAS...
originally posted by:
Posted by: matvfreelife
In reply to: rick85284 who wrote msg# 6309
Date:7/20/2006 11:21:15 PM
Post #of 6397
http://www.traders-corner.com/
Just listening again to segment 4 - it's a killer!
The trading will be halted, and the stock will open at the set price of $15, if it is not currently trading at the price.
He explained that 100% of the float has been purchased by the trust. Shares being traded right now could very well be FTD, or "naked short" (air shares).
It was in segment 4.
And Rolls...AEM and Qatar very very good customers for Gucci, Benz and BMW
Those "aion people" really gonna get it this week
LOL!
Gulf stock markets have all taken a huge hit...some more than 50%. They may be looking for a new market to play, imho.
I realize that now....someone here knew who said it.
I like it though...the kind of enthusiasm you wouldn't hear on CNBC!
Rufus plans on retiring in 3 months. If we're getting scammed, he's getting scammed. Like he said: I'd like to see them (MMs) try....and mess with a GOVERMENT CONTRACTOR!
ROFL!!!!
LMAO! Short sellers: this is a bad week to give up sniffing glue...
Desperate Short Sellers are a sorry sight...
Catch y'all after brunch...
Lets watch the LVL2s pre market. This should be fun!
#1 on DDMachine, #1 on Ihub, Most Read, Most Posted
Dude, we're #1..check again:
Posts
1 Fronthaul Group (FHAL) 292
2 BB's Penny Haven 292
Awesome Link! Let me post that:
July 23, 2006
Fronthaul Group CEO Talks Up Stock on PalTalk
The CEO of Fronthaul Group Inc. (OTC: FHAL), Rufus Paul Harris, made a visit to a PalTalk chat room last Thursday night. Recently shares of Fronthaul Group have made a tremendous run, soaring from a low of about a nickel to its current price of $1.14, or a healthy 2,300% move, in a little less than two months time. The run is attributed to the signing of a merger argeement between Conversion Solutions, Inc. (OTC: CVSU) and FrontHaul Group. According to CEO Harris, he believes that the entire float of Fronthaul was purchased by the company before this tremendous price appreciation. According to reports, the CEO stated that the recent surge in volume shows that naked short shares are entering the market. The CEO did not hesitate to say that shareholders should get their certificates. Time will tell if there is a major short position, if potential short positions are cleared by the share conversion date for the merger, or if the company is just trying to draw attention to its shares because of the recent craze of naked short allegations in penny stocks.
posted by Ant & Sons at 12:26 PM 0 comments links to this post
July 22, 2006
So what PPS could a short squeeze send us to?
I bet he was THINKING it, though. He sounded downright gleeful as he talked about the short elimination, like he was going to pull up a comfortable chair, and watch the fireworks.
QUOTE:"It's Fixin' to get excitin here next week"
~Rufus P. Harris
TRANSLATION: "shorts will be like ants under a magnifying glass"
"...if we're successful, it will be a SHORT ELIMINATION"
Wonder what the stats on the MP3s are now? If it was 1050 at 2 in the morning....