Business Week Writes About "Animal Tags for People"

[update::2008.01.03] This BAB has become outdated because Applied Digital Solutions had merged with Digital Angel.

Business Week posted an article in which Applied Digital Solutions Inc. and Digital Angel Corp. were mentioned. Digital Angel, which does RFID for animals, is a subsidiary of Applied Digital Solutions.

   [source: Yahoo.BusinessWeek.com]
   "The National Animal Identification System (NAIS) is a program 
    initiated by the federal government to attach a radio frequency 
    identification device (RFID) to each of the approximately 40 million 
    cows, sheep, chickens, goats, pigs, horses, and other animals on 
    1.4 million U.S. farms, enabling regulators to quickly track and 
    respond to mad cow disease, bioterrorism, and other such calamities."

   [source: Yahoo.BusinessWeek.com]
   "In its Michigan test, the National Animal Identification System 
    gets a rude reception from small farmers who say it invades their 
    privacy."

On 12 January 2007, ADSX shares opened at $1.91 and closed up 12.1% at $2.14. Intra-day high was $2.20. Trading volume was 2.5M shares versus a trailing three-month average of 0.9M shares.

Exercises
  1. There are approximately ________ animals per farm in the United States.

  2. ADSX gained $________ on 12 January 2007.

  3. No or Yes. Trading volume on 12 January 2007 was more than three times the "trailing three-month average."

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Creator: Gerald D. Thurman [gthurman@gmail.com]
Created: 12 January 2007

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This work is licensed under a Creative Commons License.