World Cup 2006 - ASEI

For friends who visited here from time to time, I apologize for the long silence, and thank you for not giving me up! You probably figured out why, yes, alll my spare time goes to world cup 2006! Though Brazil is my all-time favorite team, I am cheering for world cup first-time finalist - Ghana now, a team with skill, talents and passion. A small cap, growth stock in world cup :-) Way to go!

Speaking of small cap, I recently follow ASEI - a company develops and manufactures X-Ray and other inspection systems. They have quite a few product lines that paticularly designed for all kinds of inpsection needs. Very neat products - check them out on their website. Their clients include government agency, custom, and corporation that combats terrorism, drug, smuggling, etc.

True though sad, in my opinion, this is a business with huge growth potential.

Currently valued at $510Million, its P/E is 17, and $80+ million cash position. With decent profit margin and strong backlog customer demands, the stock dropped over 40% since May2006. Priced at $56, it is a good bargain.

I have to stop here, (Argentina v.s. Mexico will be on in 10 minutes), and leave the further research work to you. Let me know what you think if you are interested...