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southacresdave

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southacresdave

Re: None

Friday, 04/23/2010 10:21:31 AM

Friday, April 23, 2010 10:21:31 AM

Post# of 173792
EDAC...this is a first....they are going to do a conference call for their earnings! With the Boeing 787 and (to a lesser extent) F-35 programs progressing, maybe they are finally starting to dig into their $135M+ backlog. I know they said after 4th Q numbers that 1rst Q numbers would be slightly sequential growth. They only netted 2 cents/quarter but there were many charges that could be backed out of that.

I'm predicting they do around $17M and 9 cents/share. Nothing exciting, but the aerospace industry is drawing in large investors again looking to the future. EDAC (and SIF for those that own that) may start to get another look. The last "upswing" (before the crash and the 787's year long delay), EDAC was over $11.

It broke $4 today.

Dave
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