More than Business in Hi-Shear Technology Corp. (AMEX: HSR) Stock Ownership
The Most Recent Quarter ended November 2007 has been nearly pyrotechnic for this company. Net income has jumped 67%, while sales have grown by about a third. The stock market has responded as can be expected to this spectacular business performance. However, there is more than commerce in owning and holding this stock from the Aerospace & Defense Industry. The company provides pyrotechnic canisters and firing systems to NASA and the US Air Force. The technology of emitting colored flares has important civilian applications as well. The business is relevant for all military and strategic allies of the United States.…
