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$11.55 -1.76 (-13.22%)
10/10/2008 4:00 PM

Astronics Corp (ATRO)

CAPS Rating:
*****

The Company designs and manufactures lighting components and subsystems, electrical power generation, in-flight control and power distribution systems for aircraft.

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Avatar FleaBagger (96.00) Submitted: 5/19/08 12:46 PM : Outperform Start Price: $17.04 ATRO Score: 6.33

AnomaLee picked this to outperform, and I got an update because I favorited him. [Evil laugh] Well, looking at the numbers and the business description, I'm having a hard time imagining what justified the more than 2/3 off slash in less than 6 mos.


Okay, so domestic airlines are sucking wind and not buying electronics for their passengers. Jet Blue tried to be a foreign-style airline by not treating its passengers like chattel, and they failed. No one is ever going to try to please airline passengers ever again, right? The current share price has priced all that in.


Remember foreign airlines? They still provide nice things for their passengers. Remember the Air Force? They still need electronic equipment to drop laser-guided bombs on people and things. Think about it. Electronics for airplanes is not exactly a dying industry.

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