Der Entwickler und Produzent von Kontrollgeräten wie beispielsweise Detektoren, die in Gepäckräumen auch kleinste Mengen von explosiven Stoffen auffinden können, ist auch aufgrund der US-Urlaubswelle, welche zur Zeit in vollem Gange ist, weiterhin sehr gefragt. Kürzel INVN KGV 03 von 10 !!! WKN 902144
Dow Jones Business News Edison Schools Likely to Be Put on Delisting Notice by Nasdaq Thursday August 29, 3:23 pm ET
By Charles Forelle, Staff Reporter of The Wall Street Journal
NEW YORK -- Edison Schools Inc. (NasdaqNM:EDSN - News) , the for-profit manager of public schools that was once the darling of both Wall Street investors and school- choice advocates, is likely to be put on notice for delisting from the Nasdaq Stock Market at the close of trading Thursday.
Edison's shares, battered from contract cancellations and continued losses, were trading near 50 cents at midday Thursday, well below the $1 closing bid price that Nasdaq requires for continued listing on Nasdaq's National Market. A company that falls under the threshold for 30 trading days is delisted unless it rebounds, and stays above $1 for 10 consecutive trading days in a three-month grace period followng the 30 days.
Edison last closed at $1 on July 19, 29 trading days ago. Its stock has been buffeted this year as school districts from Boston to Georgia dropped contracts, citing low student performance, and investors soured on the company's heavy expenses and a revenue restatement. It traded as high as $38.75 in 2001.
"We take the drop in our stock price and the possibility of Nasdaq delisting seriously and we'll address it in a variety of ways," said Adam Tucker, an Edison spokesman.
Companies that are removed from the Nasdaq National Market can apply to trade on the Nasdaq SmallCap market, though they still must stay above $1. Some perform a reverse stock-split to quickly boost share price.
Mr. Tucker said he couldn't comment on Edison's immediate plans. The company has an earnings call scheduled next week.
Earlier this month, the Dallas school district dropped Edison from the seven schools it managed in that city, three years into a five-year, $39 million contract. Edison also picked up a $60 million contract to manage 20 low- performing Philadelphia schools, though it had expected 45 schools.
Edison manages 150 schools in 23 states, enrolling 84,000 students. It has never turned a profit and lost $16.9 million in the third fiscal quarter of this year. Mr. Tucker said the company expects to be profitable on the basis of earnings before interest, taxes, depreciation and amortization, in the fourth quarter of fiscal 2003.
-By Charles Forelle; The Wall Street Journal; 617-654-6867
-- Rent-A-Center (RCII) 76.50 +1.72: Shares of rent-to-own electronics/furniture retailer are breaking out to a new 52-wk high today. RCII operates 2,407 stores in the U.S. and is a franchisor of 318 units. The co is projected to grow EPS 21.5% this yr to $5.86 (p/e 13). For 2004, earnings seen expanding at a 15.7% clip to $6.78 (11.3). Wachovia recently raised its valuation range for RCII to $81-$95 from $70-$76 based on rising EPS estimates and firm's view of RCII as an mutliple expansion story; thinks that stock can trade at 12-14x its 2004 est of $6.76... Mkt-cap $2.6 bln; avg volume 377k, short-interest 6.6%.
meiner Meinung nach ein klarer Internetverlierer. Das Konsumverhalten hat sich in den letzten 10 Jahren dank Internet stark verändert. Dieses zweifelhafte Pyramidenverkaufssystem der 80er und 90er Jahre funktioniert nicht mehr. Da bedarf es schon besondere Produkte wie z.Bsp. Vorwerk mit dem Thermomix,das solche Strategien noch heut zu Tage funktionieren.
Ich war hier schon einmal mit mäßigem Erfolg investiert, habe die Zuversicht verloren und dann dem Kurs auf dem Weg zur 4 als Zuschauer nachgeblickt... Das soll diesmal nicht passieren, bin heute zu 2,35 mit einer anständigen Position rein. Noch jemand da? Grüße von der Waterkant