3SOF

Lots of long term potential.
Symmetrical Triangle...breaking out
Target $5.00 to $7.00 Stop $3.45. Breaking out. MACD flat at zero, should turn up. 13% short - possible squeeze. Recent news includes partnering with LMT and other companies to place RAE products into comprehensive and integrated security systems.

BRIEF: RAE Systems Inc. is a manufacturer of single and multiple sensor atmospheric monitors, photo-ionization detectors, gas detection tubes and security monitoring devices."Net sales reflect an increase in government sales for homeland security".

Support @ $3.47...3.21...3.09
Resistance @ $3.79...3.87...4.05...4.23
Recent CandleStick Analysis
Very Bullish
Oct-06-2005 Bullish Engulfing  
MACD is bullish

Technicals
Close Above the 50-day EMA
Most Actives
Percentage Gainer

Last Price Quote is:
above 13-day EMA
5.30%above 50-day EMA
RS Rating: 73  

Fundamentals
Key Data:
Market Cap (M): $180.89  
P/E Ratio: 77.56  
PEG Ratio: 5.568  
Next Earnings: 10/24/2005
Last Analyst Rating: Mkt Outperform

Profile Get Profile for: 




RAE Systems Inc.
3775 North First Street
San Jose, CA 95134
Phone: 408-952-8200
Fax: 408-952-8480
Web Site: http://www.raesystems.com

DETAILS   
Index Membership: N/A
Sector: Technology
Industry: Scientific & Technical Instruments
Full Time Employees: 678


BUSINESS SUMMARY   
RAE Systems, Inc. engages in the development and manufacture of deployable multisensor chemical detection monitors and networks for homeland security and industrial applications primarily in the United States. The company offers portable single-sensor chemical and radiation detection products, portable single and multiple sensor atmospheric monitors, integrated systems, photo-ionization detectors, indoor air quality and security monitors, gas detection tubes, and sampling pumps. In addition, its technologically advanced products include portable, wireless, fixed chemical detection monitors, and gamma and neutron detectors. The company products enable the military and first responders, such as firefighters, law enforcement, and other emergency management personnel to detect and provide warning of weapons of mass destruction and other hazardous materials. Its industrial applications include the detection of toxic industrial chemicals, volatile organic compounds, and petrochemicals. The company sells its products primarily to the U.S. government agencies, as well as all airline, automotive, telecommunications, computer, and oil industries through direct sales personnel and distributors in the United States, Canada, Western Europe, Mexico, Latin America, Japan, China, Hong Kong, and Singapore. RAE Systems is headquartered in Sunnyvale, California.

Key Statistics

COMPANY WEBSITES   
Home Page

CORPORATE GOVERNANCE   
RAE Systems Inc.'s Corporate Governance Quotient (CGQ®) as of 3-Oct-05 is better than 67.7% of CGQ Universe companies and 50.6% of Software & Services companies.

Brought to you by Institutional Shareholder Services.

Press Release Source: Universal Detection Technology


Universal Detection Enters Strategic Alliance with RAE Systems to Develop Advanced Solutions for Homeland Security Markets
Thursday October 6, 3:30 am ET 
Agreement Aims to Integrate UDTT's BSM-2000 Bio-Threat Detector with RAE's Chemical and Radiation Monitors


LOS ANGELES--(BUSINESS WIRE)--Oct. 6, 2005--Universal Detection Technology (OTCBB:UDTT - News; FWB:PO8), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats, has signed a significant cooperative agreement with San Jose, CA-based homeland security technology company RAE Systems, Inc. (AMEX:RAE - News), to enable the integration of fully optimized new homeland security and industrial monitoring applications.


The agreement puts in place a novel strategic alliance intended to enable the creation of a new generation of enhanced homeland security solutions based on a planned integration of UDTT's BSM-2000 anthrax and bio-threat detector with RAE's rapidly deployable chemical and radiation monitors and multi-sensor networks. RAE is a leading manufacturer of radiation and chemical monitoring systems, and other safety-related sensors for homeland security and industrial applications. RAE products are in use by many U.S. government agencies, including the Department of Homeland Security, the Department of Justice, and the Department of State, as well as all branches of the U.S. military, and by numerous city and state agencies.

"This exciting new partnership will be mutually beneficial for Universal Detection Technology and RAE Systems," said Nima Montazeri, UDTT's Vice President of Strategic Development. "We are delighted to collaborate with RAE and to develop a highly fruitful long-term relationship. In the short term, we seek to create an interface to effectively integrate the BSM-2000 into RAE's products for optimal, total monitoring solutions. This partnership is expected to have other advantages, as well, including bringing increased market visibility and credibility to our BSM-2000 and overall advanced technology capabilities."

Both parties have also agreed to work jointly to perform quality testing on the new solutions produced under the strategic alliance, Mr. Montazeri said. "Such testing would focus on advanced real-time wireless communication between the BSM-2000 and RAE products, within a certain predefined range. These tests would also include verification of correct presentations by RAE products of all data, numerical values, alerts, and other information communicated from the BSM-2000," he said.

UDTT is the exclusive licensor of proprietary technology originally developed by NASA's Jet Propulsion Laboratory (JPL) for the Mars exploration missions. UDTT's BSM-2000 is a detection and monitoring device that combines JPL's superior spore detection technology with UDTT's proprietary aerosol capture technology. The BSM-2000 device is designed to quickly detect the presence of airborne infectious spores, such as anthrax and other dangerous biological agents. The UDTT monitoring technology is designed to provide early-warning alerts about potential threats to enable the commencement of appropriate safety measures that ensure the highest possible levels of protection of human lives and health. Homeland security authorities have said that early-warning of threats such as anthrax attacks is one of the most significant factors in protecting the public.

About RAE Systems

RAE Systems (AMEX:RAE - News), founded in 1991, is a leading global developer and manufacturer of rapidly deployable chemical and radiation detection monitors and multi-sensor networks for homeland security and industrial applications. RAE Systems' technologically advanced products are based on proprietary technology, and include a full line of portable, wireless and fixed atmospheric monitors and photoionization detectors and gamma and neutron radiation detectors for the detection and early warning of hazardous materials. RAE Systems' products enable the military and first responders such as firefighters, law enforcement and other emergency management personnel to detect and provide early warning of weapons of mass destruction and other hazardous materials. RAE Systems' products are used by many U.S. government agencies, including the Department of Homeland Security, the Department of Justice, and the Department of State, as well as all branches of the U.S. military, and by numerous city and state agencies. RAE Systems' end users also include many of the world's leading corporations in the airline, automotive, computer, and oil industries. RAE Systems' products are used in civilian and government atmospheric monitoring programs in over 50 countries.

About Universal Detection Technology

Universal Detection Technology (UDTT), founded in 1973, is a developer of advanced monitoring and early-warning technologies whose mission is to help meet today's heightened security and defense requirements in the global war on terror. The Company's intellectual property portfolio includes exclusive worldwide commercial licensing of technology developed by NASA's Jet Propulsion Laboratory (JPL) and its own proprietary aerosol capture technology, which are combined in the Company's initial monitoring device, the BSM-2000. Management believes that the Company's technology, together with third party technologies and devices, has positioned it to capitalize on growth and value opportunities related to Homeland Security. For more information, please visit http://udtt.invrel.net or http://www.udetection.com. To view investor-specific information about the Company, including an Investor Fact Sheet, recent news and other data, please visit www.to-come.com. Universal Detection Technologies is also listed on the Frankfurt Stock Exchange under the ticker symbol PO8.

Forward-Looking Statements

Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties include, among other things, the validation by Rutgers of our bio-terror detection technology following its testing of the BSM-2000, our ability to timely integrate both technologically and cost effectively, the BSM-2000 with the products offered by RAE Systems, funding of amounts of capital adequate to provide for our working capital needs and our timely repayment of debt, our ability to timely and cost effectively complete the development and testing of our products targeted to the bio-chemical market, our ability to commercially produce our products on a profitable basis, commercial acceptance of our products, product price volatility, product demand, market competition and general economic conditions, and other factors described in the Company's filings with the Securities and Exchange Commission. We undertake no obligation and do not intend to revise or update publicly any forward looking statements for any reason.



--------------------------------------------------------------------------------
Contact:
     Universal Detection Technology
     Jacques Tizabi, 310-248-3655
     [email protected]
     or
     Trilogy Capital Partners
     Paul Karon, 800-592-6067 (Investor Relations)
     [email protected]



--------------------------------------------------------------------------------
Source: Universal Detection Technology

Press Release Source: RAE Systems Inc.


RAE Systems Clarifies Universal Detection Technology Press Release
Thursday October 6, 6:13 pm ET


SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 6, 2005--RAE Systems Inc. (AMEX:RAE - News), a leading provider of hazardous environment detection solutions, today issued a statement that it was not consulted regarding the issuance of a release distributed today by Universal Detection Technology (OTCBB:UDTT - News; FWB:PO8).


RAE Systems and Universal Detection Technology confirm that they have entered into an agreement, but that they have not yet initiated any work on the establishment of the protocol to develop the necessary interfaces to enable the UDTT device to operate with RAE Systems' AreaRAE wireless monitoring systems. There can be no assurance that such work, when and if performed, will lead to a functional or commercially viable product.

About RAE Systems

RAE Systems is a leading global developer and manufacturer of rapidly deployable, multi-sensor chemical detection monitors and networks for homeland security and industrial applications. In addition, RAE Systems offers a full line of portable single-sensor chemical and radiation detection products. RAE Systems' products enable the military and first responders such as firefighters, law enforcement and other emergency management personnel to detect and provide early warning of weapons of mass destruction and other hazardous materials. Industrial applications include the detection of toxic industrial chemicals, volatile organic compounds and petrochemicals. RAE Systems' products are used by many U.S. government agencies, including the Department of Homeland Security, the Department of Justice, and the Department of State, as well as all branches of the U.S. military, and by numerous city and state agencies. Our end users also include many of the world's leading corporations in the airline, automotive, computer and oil industries. Our products are used in civilian and government atmospheric monitoring programs in over 50 countries. For more information about RAE Systems, please visit www.RAESystems.com.

Safe Harbor Statement

This press release contains "forward-looking" statements, as that term is used in Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are denoted by such words as "expected to operate and if performed." These types of statements address matters that are subject to risks and uncertainties, which could cause actual results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, the general economic and industry factors and receptiveness of the market to RAE and its products. In addition, our forward-looking statements should be considered in the context of other risk factors discussed in our filings with the Securities and Exchange Commission, including but not limited to our annual report on Form 10-K and Form 10-Q filings, available online at http://www.sec.gov. All forward-looking statements are based on information available to the company on the date hereof, and the company assumes no obligation to update such statements.



--------------------------------------------------------------------------------
Contact:
     RAE Systems Inc.
     Investor Relations, 408-952-8449
     [email protected]
         or
     Lippert/Heilshorn & Associates, Inc.
     David Barnard, CFA, 415-433-3777
     [email protected]



--------------------------------------------------------------------------------
Source: RAE Systems Inc.

This company has one of the worst managements and has track record of selling mercilessly by the insiders in good old days [about a year back], just caution is the word. Rest I am not aware of any current developments.

indeed,

did anyone else notice that yesterday's huge volume was from one enormous block bid??  Today's pattern definitely did not confirm the triangle breakout and I would be skeptical unless we see some proper movement.

Also, average volume for this stock is tiny - I would be seriously concerned about ending up holding the bag with no buyers if it drops.  Not my favourite today at all.

JMO

the Scotsman

I don't think this Members Corner gets much attention.
Or is it just my imagination


SAN JOSE, Calif., Oct 26, 2005 (BUSINESS WIRE) -- RAE Systems Inc. (RAE, Trade), a leading global developer and manufacturer of rapidly-deployable, multi-sensor chemical and radiation detection monitors and networks for homeland security and industrial applications, today reported results for the third quarter of 2005.

Third Quarter Financials

For the third quarter of 2005, RAE Systems reported revenue of $16.2 million as compared to revenue of $12.2 million for the same quarter in 2004, an increase of 32 percent over last year's third quarter. Net income for the quarter was $397,000 or $0.01 per diluted share, as compared to net income of $1,029,000 for the same period in 2004, or $0.02 per diluted share. For the nine months ended September 30, 2005, the Company reported sales of $42.0 million versus $30.5 million for the nine months ended September 30, 2004 for an increase of 38 percent. Net loss for the nine months ended September 30, 2005, which included a $2.0 million loss on abandonment of a real estate lease, was $(850,000) or $(0.01) per diluted share. That compares with a net profit of $1,956,000 or $0.03 per diluted share for the nine-month period ended September 30, 2004. The balance sheet remained strong with cash and investments totaling $29.4 million and $1.7 million in debt as of September 30, 2005.

"We are pleased to report that sales grew 32 percent over last year's third quarter and that growth continued to be particularly strong in Asia, which now represents approximately 33 percent of total Company sales compared to 28 percent last quarter," said Robert Chen, president and chief executive officer. "During the third quarter we saw continued growth in all of our geographic areas. We estimate that approximately $250,000 of that growth, or 2 percentage points of our 32 percentage-point growth over the third quarter of 2004, was due to orders related to clean-up efforts associated with the recent hurricanes that struck the Southeastern United States. We are estimating fourth quarter 2005 sales in a range of $16 to $18 million, which would lead to total year 2005 sales of $58 to $60 million."

Business Update

North American third quarter business included:

-- A five-year renewable contract from the State of New York for purchase of hazardous incident response equipment. This contract is also available to participating States and their eligible entities that sign a participating agreement. Current participating states include: Alaska, Arizona, Arkansas, Florida, Louisiana, Minnesota, Mississippi, Nevada, North Dakota, Rhode Island, South Carolina, South Dakota, Utah, and Washington.

-- The United States Postal Inspection Service adopted MultiRAE Plus instruments as their standard for HazMat response.

-- Several state environmental management agencies, including those from Nebraska and Rhode Island, standardized on PlumeRAE for toxic plume measurement with AreaRAE wireless systems.

Europe and the Middle-East third quarter business included:

-- The Danish Emergency Services standardized on MiniRAE 2000 for Volatile Organic Compound ("VOC") monitoring.

-- Oil companies purchased ToxiRAE II single gas detectors for worker safety, UltraRAEs for monitoring benzene exposure and ppbRAEs for monitoring total VOC exposure as well as QRAE Plus and MultiRAE Plus toxic gas monitors.

-- The Israel Air Force selected MultiRAE Wingtank entry kits as their standard for their flight operations and fleet maintenance.

China and Asia third quarter business included:

-- Several Asian fire departments, including Shanghai and Taipei, purchased GammaRAE II radiation monitors, MultiRAE Plus toxic gas monitors and EntryRAE confined space entry monitors.

-- China Telecom standardized on RAE Systems instruments for confined space entry.

Update to this thread and move to the Stock Picking board.......
Head and Shoulders Bottom (reversal) Pattern.



Below are the 6 month, 1 year, 2 year and 3 year charts.

update:

RAE Systems Reports Preliminary Second Quarter 2008 Results
Monday , August 04, 2008 16:05ET
http://media.marketwire.com/attachments/200701/305558_RAELogo120.jpg

SAN JOSE, CA -- (MARKET WIRE) -- 08/04/08 -- RAE Systems Inc. (AMEX: RAE), a leader in delivering innovative sensor solutions to serve industrial, energy, environmental, and government safety markets worldwide, reported preliminary financial results and business highlights for the second quarter ended June 30, 2008. As discussed below, the Audit Committee of the Board of Directors of the Company is conducting an independent investigation into certain accounting and reporting matters. Although the Company has not yet determined any changes are required to the results discussed below, these results should be considered preliminary until the Company files its Quarterly Report on Form 10-Q.

Second Quarter 2008 Preliminary Financial Results

For the second quarter of 2008, RAE Systems expects to report revenue of $24.7 million, compared with revenue of $20.1 million for the same quarter in 2007. For the second quarter of 2008, Americas contributed 38 percent of total revenue, Asia contributed 45 percent and Europe contributed 17 percent. Gross margin for the quarter was 54 percent, compared with 50 percent for the second quarter of 2007. The Company expects to report operating expenses for the quarter were of $12.9 million as compared to operating expenses of $12.0 million in the second quarter of 2007. The increase in operating expenses included approximately $0.7 million relating to the internal investigation. The Company expects to report a net loss for the second quarter of 2008 of $0.7 million, or $0.01 per share, compared with a net loss of $2.5 million, or $0.04 per share, for the second quarter of 2007.

First Six Months 2008 Preliminary Financial Results

For the first six months of 2008, RAE Systems expects to report revenue of $42.5 million, compared with revenue of $38.0 million for the same period in 2007. The Company expects to report a net loss for the first six months of 2008 of $3.0 million, or $0.05 per share, compared with a net loss of $4.8 million, or $0.08 per share, for the first six months of 2007.

Robert I. Chen, president and CEO of RAE Systems, said, "Our diversified market strategy and continued focus on cost control delivered improved second quarter 2008 preliminary revenue, gross margin and bottom line results. Our ongoing research and development efforts have created strong product differentiation points, which support our growth in the markets we serve. This year, we have introduced eight new products including the first solar powered, multi-sensor, gas monitoring system with Class One, Division 2 hazardous environment safety certification. These products -- in combination with our existing technology have won many new customers worldwide, particularly in the rapidly growing energy sector. In addition, by introducing our radiation and toxic gas detection in a new form factor, we secured a key contract for the Beijing International Airport's new terminal as part of its preparation for the Olympic Games, which will be completed in the third quarter. We expect that this key win will help RAE Systems expand its global awareness."

As business conditions continue to be favorable, management expects full year 2008 revenue to be in the range of $104 to $109 million, gross margin to be in the mid 50 percent range, and the Company to be profitable for the full year.

Second Quarter 2008 Business Highlights:

--  Delivered 38 radiation portals and AreaRAE wireless toxic gas monitors
    to the Beijing International Airport. Additional orders for gammaRAE II and
    doseRAE radiation monitors and AreaRAE toxic gas monitors were received
    from six additional China airports.
--  Secured a follow-on order for wireless toxic gas monitors for oil
    drilling rigs and pump stations from the Liao He Oil Field.
--  Petro China purchased additional fixed and portable monitoring
    systems.
--  Sold the first AreaRAE Solar Units to the Total Petroleum Refinery in
    Texas to remotely monitor a Storage Tank Farm.
--  Established key wins in the United Kingdom for Wireless AreaRAE Steel
    units for deployment on offshore oil platforms.
--  Secured a large order for gas detection, worker safety and personal
    protective equipment from the An Steel Company in China.
--  Sold wireless AreaRAE systems to the State of Hawaii to monitor toxic
    gases over a 45 mile radius around the active volcano on the Big Island.
--  Sold ppbRAE units to the Hyundai Motor Group for new car Indoor Air
    Quality inspections.
--  Sold AreaRAE Steel Rapid Deployment Kits to the Department of Homeland
    Security and the Federal Emergency Management Agency's Urban Search and
    Rescue teams.
--  Expanded its relationship with New Zealand Fire services as they
    purchased additional wireless MiniRAE 3000 wireless VOC monitors.
   

Internal Investigation

The Audit Committee of the Board of Directors of the Company is conducting an independent investigation into certain accounting and reporting matters that were discovered as a result of the Company's internal audit processes. Based on the results of the investigation to date, the Company has not yet determined that any changes are required to the preliminary financial results disclosed in this press release or to any financial results for any prior period. However, depending on the results of the investigation, it is possible that the Company will determine that changes are required. Based on the matters under investigation, the results of the investigation could lead to changes to reported revenues or expenses or period to period adjustments. However, based upon the results of the investigation to date, the Company does not have any reason to believe that any such adjustments would impact the aggregate net income or loss or cash flow.