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Thursday, September 28, 2006

Needham Initiates Directed Electronics With Buy

Live In Play (www.briefing.com)

28-Sep-06 08:14 DEIX Directed Electronics initiated with a Buy at Needham- tgt $20 (15.54 )

Needham initiates DEIX with a Buy and a $20 tgt saying they believe Directed is well positioned to grow EPS 10-15% over the next three years on continued rapid adoption of satellite radio, double-digit growth in the co's Home Audio segment and the integration of recently acquired Polk Audio.

9/28/2006 01:33:00 PM


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