Thursday, November 06, 2008 Investor Podcast with Scott Sacknoff, Manager of the Benchmark SPADE® Defense Index

Commentary on defense sector performance during the market’s decline

POINT ROBERTS, Wash., DELTA, B.C. – November 6, 2008 –, the leading global investor and industry portal for the Homeland Defense and security sector, presents an investor podcast with Scott Sacknoff, Manager of the SPADE® Defense Index (AMEX: DXS). Mr. Sacknoff comments on the sector performance during the market’s decline.

Mr. Sacknoff reports, "Although the fundamentals of the sector remain strong, highlighted by many of the firms reporting quarterly revenues and earnings consistent with forecasts and flush with cash on hand, defense, homeland security, and aerospace stocks have declined as the market retreated. For the year, the sector remains several percent below the performance of the S&P500 and has dropped by nearly half since its highs in October 2007. However, considering how undervalued the sector is at the moment, it wouldn't surprise me, now that the Boeing strike is over, that the sector sees a bounce upwards."
To Listen to the Full Podcast Click Here:
About the SPADE Defense Index®:
The SPADE Defense Index® (AMEX: DXS) is a modified capitalization-weighted index comprised of publicly traded companies that benchmarks the performance of companies involved with the defense, homeland security, and space marketplace.
The SPADE Defense Index has been developed to be used by investors, financial professionals, trade analysts, and media as a benchmark for publicly traded stocks involved in these business sectors. The Index can be used as the basis for a range of financial instruments including options and other derivatives, exchange traded funds, and conventional mutual funds.
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