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Sunday, 11/25/2001 3:26:21 PM

Sunday, November 25, 2001 3:26:21 PM

Post# of 15369
New Your Times Sunday 11-25 "How much of a surge for security stocks?"

Excerpts

Americans spend a lot on protection. David Hale, chief economist at Zurich Financial Services, estimates public and private sector spending on security at $250 billion a year. In the aftermath of September 11, those numbers are likely to rise. Mr. Hale, for one, figures that the spending could increase 10 to 20% over the next two years. Prices of some security products and surveillance company stocks have soared since the attacks.