Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

This Gumshoe Is Making Tracks


Inside Wall Street

This Gumshoe Is Making Tracks

Money manager Audrey M.T. Jones isn't giving up on small caps--stocks with market caps of $10 million to $1.5 billion. "That's where the real values are in this market," says Jones, executive vice-president at investment bank Morgan Grenfell in New York.

One small cap that she's betting on to become a big winner: Kroll-O'Gara (KROG), which provides security services, including investigative and intelligence work, voice and data security on computer systems and the Internet, and armored cars. "Kroll-O'Gara is definitely the leader in this fast-growing business," says Jones. Ram- paging demand for such services is reflected in the stock's fast climb, from 16 a share a year ago to 41 on Jan. 12.

Worldwide spending for protection has risen from $20 billion in 1980 to $55 billion last year, notes Jones. By 2000, she thinks spending will exceed $70 billion, 60% of that outside the U.S.

Jones says Kroll will post revenues of $340 million in 1999 and $400 million in 2000, up from 1998's estimated $250 million and 1997's $190 million. Jones expects earnings of $1.25 a share in 1999 and $1.70 next year. The stock, now at 37, should hit 50 this year, she adds.BY GENE G. MARCIALReturn to top

Return to top


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus