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Fabiano cagey on the CC about Smartcheck      5-Nov-09 06:06 pm    
He omitted any comment on the body scanners in his prepared script even though he summarized every other product line in detail.

It was not until the young lady following Josephine in the Q&A asked a specific question about it that Anthony grudgingly revealed that the relationship is back on with the TSA.

OSIS got a $25M contract for their version of the device and she asked if there was any left for ASEI. Anthony said that if you consider the number of airport checkpoints and look at the machines ordered (150 from OSIS) and (40+ MMWave machines) they only represent 15-20% of the amount required. He described the likelyhood of Smartcheck orders as a "Short put".

Most CEO's would take this great quarter to pump up the SP but that's not Fab's nature. IMO, he tried to manage future expectations, resurrecting the "lumpy sales" line several times. I like the policy of under promise and over deliver.

I wouldn't be surprised to see a very significant Smartcheck order from the TSA in the near future.
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elitecrete1

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Fabiano cagey on the CC about Smartcheck
elitecrete1 Not rated 5-Nov-09 06:06 pm  
 
Sarah Catherine Phillips – Stephens Okay, thank...
elitecrete1 Rate it 6-Nov-09 12:40 am  
 
The SmartCheck product is not ready for TSA, nor a...
travelase Rate it 6-Nov-09 11:27 am  
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American Science & Engineering Inc. (ASEI)

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