By: ABEX_TRADER1 25 Apr 2006, 04:27 PM EDT Msg. 19870 of 19883 Jump to msg. # BIG SECTOR NEWS!Today it was announced that Port Security would be updated and that they would have every employee wearing tamper proof badges in addition to other mmeasures.
This I heard on the loccal news driving home just now.
I don't know who does badges,,but they will make a lot off this and when the sector moves so does any issue in it.
I think this co. will announce a contract soon.
Seeing that "TAMPER PROOF" is this cos. most important aspect and they do have the SOTA it will need to be looked at for prdts..
I am jazzed and will be adding even more tomorrow.
This just might go to the cent level.The trading is really starting to pick up I see after getting back in.
posted
Should've picked up more today, I've got a feeling were gonna see .0005 tomorrow. I think the sector alone attracts a lot of attention (Homeland Security). If we can keep the numbers rolling then interest will increase immensely.
Posts: 89 | From: Portland, OR | Registered: Dec 2005
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posted
I alway kick myself when I should have bought more. Nice gain and nice volume. Lets hear a tidbit of what could be in the works, just a little info would be such a boost for this stock and knock the MM's on their heels. Go DDSI Looking forward to a big day tomorrow as well.
Posts: 339 | From: Canada | Registered: Dec 2005
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WASHINGTON (AP) - Answering criticism about security gaps at U.S. seaports, the Bush administration said Tuesday it will conduct background checks on an estimated 400,000 port workers to ensure they do not pose a terrorist threat.
Names of employees who work in the most sensitive areas of ports will be matched against government terror watch lists and immigration databases, Homeland Security Secretary Michael Chertoff said. Additionally, the Homeland Security Department will issue tamper-free identification cards to roughly 750,000 workers - including truckers and rail employees - who have unrestricted access to ports.
The added scrutiny, however, will not immediately include a criminal background check for workers, although Chertoff said that might happen in the future. The Transportation Security Administration - and not the FBI - will conduct the background checks, he said.
``We may expand the number of databases,'' Chertoff said. ``Our first step is to do terrorists watch lists and immigration status.''
The new safeguards are part of what Chertoff called a ``ring of security'' around U.S. ports.
``We're going to focus on those who could potentially be the greatest risk to our security,'' he said at a news conference in Washington.
The Bush administration has been under fire for months about what critics call gaping holes in security measures at ports, which were highlighted after a Dubai company's purchase of a British firm gave it control of six American ports. An outcry in the Congress led the Dubai company, DP World, to decide to sell the U.S. operations to an American firm.
Democrats have lambasted Homeland Security for failing to screen and inspect all cargo that enter the United States at seaports.
At a separate news conference earlier, Democrats pushed for legislation by Sen. Robert Menendez, D-N.J., which would provide $185 million more in port security funding as part of a massive spending bill the Senate is considering. That legislation also would require that Homeland Security submit a plan to Congress laying out how it would accomplish 100 percent scanning of cargo containers within five years.
Homeland Security treats port security like a ``neglected stepchild,'' said Sen. Charles Schumer, D-N.Y.
Chertoff bristled at the suggestion that port security is not a priority. He said the administration has proposed up to $9 billion in spending to protect ports through the Coast Guard, Customs and Border Protection and state grants.
Two-thirds of all containers will undergo radiation screening for nuclear materials by the year's end, and 80 percent of cargo entering the United States comes from foreign ports with rigorous inspection standards, he said.
But Chertoff said it was impossible to physically inspect every single cargo container without snarling port commerce.airplane,'' he said. ``In theory, that would make us safe. I think that it would destroy the airline industry. So we're not going to strip search people, everybody getting on an airplane, and I don't think it's wise to physically inspect every container.''
This is all we could ask for right here!
Posts: 339 | From: Canada | Registered: Dec 2005
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Teamsters cast port security as a workers' issue Monday, rallying at the Port of Seattle's Terminal 46 with other unions as passing truck drivers and train engineers sounded their horns in support.
At issue were some well-gnawed bones of contention, including the low inspection rates of empty cargo containers and the lack of background checks for truck drivers and others with access to port properties.
"We can't trust the shipping lines and we can't trust the expeditors," said Al Hobart, president of Teamsters Joint Council 28. "We have to inspect the containers -- all it takes is one of the containers in one of these ports to blow sky high."
Port of Seattle Chief Executive Mic Dinsmore told the U.S. Senate earlier this month that "the rate at which containers are screened is abysmal." Roughly 5 percent of all containers are inspected nationwide and in Seattle, whether by hand or by machine.
Expected as early as this week is an announcement about the Transportation Worker Identification Credential program, a post-Sept. 11, 2001, security measure that seeks to better control access to harbors, rail yards, airports and other cargo transit areas terrorists might target. The ID card program could affect as many as 6 million people.
Transportation Security Administration and Coast Guard officials have refused to discuss details of the plan before it is unveiled.
The ID cards, which are supported by the unions, the Port of Seattle, and the Washington Trucking Association, could bar illegal immigrants and people convicted of certain crimes.
posted
oh and i wont pretend i'm not new to stocks, and i have no idea what the numbers mean, hope its good.
Posts: 53 | From: NYC Queens | Registered: Apr 2006
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posted
You're in good company looseleaf. I'm fumbling and bumbling around myself. Most of the charts are like trying to read airplane evacuation instructions in Chinese. Couldn't do it if my life depended on it.
April 25th, 2006 02:55 PM EDT Port Workers to Undergo Background Checks Bush administration says it will have background checks conducted on an estimated 400,000 The Latest from SIW Port Workers to Undergo Background Checks
Bush administration says it will have background checks conducted on an estimated 400,000
New Study Looks at Link Between Security Alarms and Burglars
50 persistent burglars 'felt security features were rarely enough to deter them''
Delta Airlines: Atlanta Airport Security Glitch Costly
The Security Week That Was: A Recap - April 15-21, 2006
Doing Security's Missionary Work
Suspicious Device Shuts Down Atlanta Airport Security Checkpoints By LARA JAKES JORDAN Associated Press Writer
Answering criticism about security gaps at U.S. seaports, the Bush administration said Tuesday it will conduct background checks on an estimated 400,000 port workers to ensure they do not pose a terrorist threat.
Names of employees who work in the most sensitive areas of ports will be matched against government terror watch lists and immigration databases, Homeland Security Secretary Michael Chertoff said. Additionally, the Homeland Security Department will issue tamper-free identification cards to roughly 750,000 workers - including truckers and rail employees - who have unrestricted access to ports.
The added scrutiny, however, will not immediately include a criminal background check for workers, although Chertoff said that might happen in the future. The Transportation Security Administration - and not the FBI - will conduct the background checks, he said.
"We may expand the number of databases," Chertoff said. "Our first step is to do terrorists watch lists and immigration status."
The new safeguards are part of what Chertoff called a "ring of security" around U.S. ports.
"We're going to focus on those who could potentially be the greatest risk to our security," he said at a news conference in Washington.
The Bush administration has been under fire for months about what critics call gaping holes in security measures at ports, which were highlighted after a Dubai company's purchase of a British firm gave it control of six American ports. An outcry in the Congress led the Dubai company, DP World, to decide to sell the U.S. operations to an American firm.
Democrats have lambasted Homeland Security for failing to screen and inspect all cargo that enter the United States at seaports.
At a separate news conference earlier, Democrats pushed for legislation by Sen. Robert Menendez, D-N.J., which would provide $185 million more in port security funding as part of a massive spending bill the Senate is considering. That legislation also would require that Homeland Security submit a plan to Congress laying out how it would accomplish 100 percent scanning of cargo containers within five years.
Homeland Security treats port security like a "neglected stepchild," said Sen. Charles Schumer, D-N.Y.
Chertoff bristled at the suggestion that port security is not a priority. He said the administration has proposed up to $9 billion in spending to protect ports through the Coast Guard, Customs and Border Protection and state grants.
Two-thirds of all containers will undergo radiation screening for nuclear materials by the year's end, and 80 percent of cargo entering the United States comes from foreign ports with rigorous inspection standards, he said.
But Chertoff said it was impossible to physically inspect every single cargo container without snarling port commerce.
"To call for all physical inspection of every container is like saying were going to strip search everybody who gets on an airplane," he said. "In theory, that would make us safe. I think that it would destroy the airline industry. So we're not going to strip search people, everybody getting on an airplane, and I don't think it's wise to physically inspect every container."
___
Associated Press writer Donna De la Cruz contributed to this report.
Posts: 575 | From: seattle | Registered: Oct 2005
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Good job and good DD with the article. I hadn't seen that yet. Welcome to Allstocks and good luck!
In my opinion you have picked a good stock to start your posting with!
GLTA!
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Holy crap! UBSS just raised their ask to 0.0005, almost amazing!
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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posted
The best to all longs and newcomers. Spread the word fellow shareholders. The more that know about DDSI the better. We need a 1.5 to 2 billion share volume day to break out big. JMHO. Posts: 1289 | Registered: Dec 2005
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quote:Originally posted by databig: i know along time ago when i talked to Mr. Shupin he said they could not talk about contracts with the type of busniess they are in but we would not be disappointed in the progress they will make, if they are making money they have contracts.
SEA GIRT, N.J., April 20, 2006 (PRIMEZONE) -- Digital Descriptor Systems, Inc. (Pink Sheets:DDSI), an industry leader in the development of Homeland Security-related products, announced audited results for the fiscal year ended December 31, 2005. Record revenues grew more than 800 percent, to $3,335,631, from the 2004 year end report of $412,052. Gross profit rose 506 percent, to $2,226,727, from $367,270 for fiscal 2004.
I think this should be a post to start out every DDSI day.
Rock of the Marne!!!
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
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posted
40 million shares just were bought * 0.0004 (ask).
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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posted
financials for march 06 will tell us how they have cashed in on all this port security hype.
Posts: 785 | From: la | Registered: May 2005
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posted
Well, it's easy enough: You just say that you have finalized a deal "with a large organization." And you disclose the amount of money it will bring in.....but not exactly what or to whom you sold.
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
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