Tuesday, March 14, 2006

Beltway Bet: Symbol Technologies

WASHINGTON, D.C. - Last week, 25,000 conventioneers flocked to Washington for FOSE, an annual trade show on technology for the U.S. federal and defense market. A greeting from President George W. Bush adorned convention programs, and Lockheed Martin chief Robert Stevens kicked things off with a sweeping keynote on challenges facing the United States. "Access to information is central," he said, "it has never been more important."

One outfit hoping the government crowd will want more access to information is Symbol Technologies. The Holtsville, N.Y., maker of bar code scanners and other technology to track goods shows signs of competing vigorously in the government market, particularly regarding radio frequency identification (RFID). For the Beltway-minded investor, Symbol's shares look interesting.

Full story at Forbes.com