Wednesday, June 07, 2006 5:35:42 PM
Factor in the "what if's" and this one is a no brainer at this level. Heck, one Fortune 500 contract could blow those expectations out of the water. I believe we have totally discounted the K9 business. There is a tremendous room for growth in that business as terrorism looms over us all and business are fighting to protect their assets (both physical and human). I could see LBWR acquiring a Biometrics firm and integrating that with their K9 business. They could tack on barrier and entry products to provide the full package. No need to do a large ammount of R&D either because most of these things are old products. It's all in the way that you package it and market it. If they are picky and choose only the best packages to sell under their brand name that will help. Their exposure from the drug testing business will provide them with their customer list. And vic versa when they land a security gig they can market their drug testing capabilities to them as well. What a great match!
This one should be trading much much higher. I think our "problem" right now is that the word is just not out there. When the big money flows this direction we will all reak the benefits. It is only a matter of time.
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