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Info Systems Provider Returns To The Black.(B)(NYSE STOCKS IN THE NEWS)
Byline: David Saito-Chung
Anteon International went public at $18 a share on March 12 and climbed to a high of 26.75 on June 25. The stock is working on its first base, having corrected 29%. It's currently 14% below its high.
The Fairfax, Va.-based company provides information systems design, maintenance and upgrade services for the Defense Department and other federal agencies. A small fraction of its revenue also comes from state and local government customers. It has worked for the government for more than 25 years and operates from 80 offices around the world.
On Aug. 21, Anteon ...
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