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White Electronic Designs Corporation (WEDC) [hlAlert]

Rating:
Buy WEDC
down 2.70 %

White Electronic Designs Corporation (WEDC) rated Buy

Posted on: Thursday,  Nov 29, 2007  9:25 AM ET by Needham

Needham rated Buy White Electronic Designs Corporation (NASDAQ: WEDC) on 11/29/2007, when the stock price was $4.80. Since
then, White Electronic Designs Corporation has lost 2.71% as of 06/04/2010's recent price of $4.67.
If you would have followed this Needham's recommendation on WEDC, you would have lost 2.7% of your investment in 918 days.

White Electronic Designs Corporation (White Electronic Designs) is a defense electronics manufacturer and supplier that designs, develops and manufactures electronic components and systems for inclusion in high-technology products for the defense and aerospace markets. The Company?s defense electronic solutions include semiconductor and multi-chip packaged components, circuit card assemblies and electromechanical assemblies, as well as its process for applying anti-tamper protection to mission critical semiconductor components. Its customers, which include military prime contractors and the contract manufacturers, who work for them in the United States, Europe and Asia, outsource many of their defense electronic components and systems to White Electronic Designs as a result of the combination of its design, development and manufacturing capability. In April 2009, the Company completed the sale of the Company's Display Systems Division located in Hillsboro, Oregon.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/29/2007 9:25 AM Buy
None
4.80 6.50
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD up  44.62 %

(*) Stock Price at the time of the recommendation.
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