Monday, March 25, 2013
SAIC Rises from the Dead?
"SAIC shares could rise more than 30 pct-Barron's" http://www.reuters.com/article/2013/03/24/saic-shares-idUSL2N0CG08T20130324
SAIC is not Jesus, more like Judas last the street check. Didn't Judas Iscariot sell out Jesus for some coin with a kiss? SAIC is a top US Defense Contractor's given a get out of jail free card (DPA, Deferred Prosecution Agreement) on CITYTIME, the City of New york contract fraud scheme that was suppose to replace the City's payroll system. SAIC execs have not been made accountable and the project manager Gerard Denault and lead Engineer Carl Bell were the only SAIC employees scapegoated to stand criminal trial.
According reuters/Barrons reporting SAIC stock shares could rise tomorrow with the release of earnings late Thursday. Fair to stay anything "could" happen, but more than odd to remove the "not so Old" Citytime lawsuits pending and splitting of the Company came on the tail of the DPA and firing of three top execs at SAIC.
Maybe all those make-overs like Madonna and Lady Gaga are working along with the bail-outs from the Pentagon...oops did I say bail-outs using tax payer money -- I mean to say contracts --- you know those bid contracts -- the fix is in no bids really....hardee har