Despite Stock Market Volatility and Sub-Prime Credit Problems, Defense and Security Stocks Continue to Perform

Released on: September 12, 2007, 8:43 am

Press Release Author:

Industry: Defense

Press Release Summary: Taser (NASDAQ: TASR), Garmin (NASDAQ: GRMN), Cubic
Corporation (AMEX: CUB) and EDO Corporation (NYSE: EDO) up more than 80%

Press Release Body: POINT ROBERTS, Wash., DELTA, B.C. - September 11, 2007 -, the leading global investor and industry portal for
the homeland defense and security sector, presents an audio interview with Scott
Sacknoff, Manager of the SPADE Defense Index (AMEX: DXS). Mr. Sacknoff discusses
performance of defense and security stocks despite the recent stock market
volatility, as well as several key events that will benefit investors.

According to Sacknoff, "Relatively speaking defense stocks have done quite well. The
SPADE Defense Index, in the 3rd quarter through the end of August, was beating the
S&P 500 by nearly 6%. This was after gaining 10% in the 2nd quarter, nearly 5%
better. One reason for this is that when the stock market is volatile, financial
stocks are typically looked to as a defensive play. However, since what is moving
the market are issues related to the credit markets and subprime loans, and many
financial institutions have heavy exposure in this area, they don't represent a
safer haven. This is leading a number of investors to turn toward defense and
homeland security equities."

He adds, "In addition, with the government as its primary client, the sector
receives much of its revenues from sources where a recession is less likely to have
a direct or immediate impact."

Standout performers for the sector year-to-date include Taser (NASDAQ: TASR), Garmin
(NASDAQ: GRMN), Cubic Corporation (AMEX: CUB) and EDO Corporation (NYSE: EDO) all up
more than 80% year-to-date. In August, Sacknoff notes that three of the top 10
gainers were involved with defense IT. "This is a group of companies that has lagged
the sector for the last few years as DoD resources have shifted to Iraq. So it'll
be interesting to see if the returns by companies such as CACI and SRA signal a
rebound in the sector."
To Listen to the Online Audio Interview in Full Click Here:
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The site also features a growing directory of Homeland Security and Defense Stocks
for independent investor research at: To be added
to our directory or to find out more about being a featured company please contact
Dawn Van Zant ( Disclaimer:
Our sites do not make recommendations, but offer information portals to investors to
research news, articles, stock lists and recent research. Nothing on our sites
should be construed as an offer or solicitation to buy or sell products or
securities. We attempt to research thoroughly, but we offer no guarantees as to the
accuracy of any information presented. All information relating to featured
companies is sourced from public documents and/ or the company and is not the
opinion of our web sites. This site is compensated by featured companies, news
submissions and online advertising. is not compensated by the
Spade Defense Index.

For more information contact:

Dawn Van Zant 800.665.0411

Ann-Marie Fleming 866.725.2554

Source:, SPADE Defense Index

Web Site:

Contact Details: Dawn Van Zant 800.665.0411

Ann-Marie Fleming 866.725.2554

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