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EMPATHY

03/05/13 3:58 PM

#6562 RE: Robsct #6544

Exactly.In 2010 there was a teaming agreement in effect with Luminex.Between then and now,what little enthusiasm for what they were developing had fallen off the map.Even NOC had little to crow about.Not that being tight lipped about a project is wrong but I leave that to the individual to judge upon.

Why the lack of enthusiasm?

Because they didn't have the goods.

How do I know?

This article from July 2012 speaks(if not yells)volumes.

there-s-more-to-luminex-s-fall-than-a-tiny-acquisition

For those who dont have a sub to S.A.:

JP Morgan Chase wasn't the only firm to add to the bearish pressure on Luminex; Piper Jaffray (PJC) cut its price target to $18, from $21. Piper, however, was less concerned with the acquisition than with an article published on Sunday in the Los Angeles Times blasting the federal government's BioWatch program. The piece detailed the chaos caused at the state and local level by the program, which used sensors located across the nation to detect biological terrorist attacks. BioWatch sensors repeatedly sent out "false positives" at events such as multiple Super Bowls and the 2008 Democratic National Convention, forcing local officials to divert resources and make snap decisions on whether to evacuate crowds and cancel the events.

Luminex did not make the allegedly faulty sensors; however, its partnership with Northrop Grunman (NOC) is one of two teams under consideration for an expanded, updated version of the BioWatch project (known as BioWatch Gen-3). In March, analysts at William Blair argued that Luminex executives expected to win the contract. The potential contract would be lucrative indeed; in 2010, Luminex CEO Patrick Baltrop said a win would double his company's size.

With media coverage now detailing the abysmal failure of the pilot program, and pressure to cut government spending still dominating Capitol Hill, BioWatch Gen-3 looks far less certain, noted Piper. It maintained an "Underweight" rating on the shares.

(notations mine)

IMO, the article implies the sensors were NOC's.
It also(through a Times article that I hope gets dug up)declares those tests an "abysmal failure".

This explains to me why there are so many more positive articles since then on the PSID side of things and almost nothing from NOC.

I have a lot more confidence now and the recent RS talk is just that.

GLTA!