Can someone please explain why Diebold stock is still going up?

[OregonBlue]

Given the many failures in this last election and that there will undoubtedly be a change for 2008, why isn't the stock price falling? Something I'm missing?

[hughee99]

1. Isn't election voting machines just one part of their business...

and not even the biggest part?

[OregonBlue]

3. Yah, I guess so. Just seems like they should be maxed out on the

bank machine business and the loss of voting machine money should affect their bottom line.

[ProfessorGAC]

7. A Tiny Part

Diebold is the world's largest manufacturer of security systems for banks. The drive up windows, ATM machines, firewalls for by-wire transactions, security camera systems for the inside of banks, etc. The next time you go to the bank, i would say there is a 40% (minimum) that the drive up window is made by Diebold.
The Professor

[napi21]

2. Voting machinesare just2% of their business. I bet if you look the next time

you visit an ATM, you'll see the nameDieboldon the front. I think THAT
S one of the reasons many people thoughttheir voting mahcines would be great! They have many years experience designing and building ATM's, and i know I've never had one make a mistake!

[OregonBlue]

4. Thanks guys. I didn't realize it was such a small % of their business.

[ashling]

8. And didn't I hear

that they were thinking of getting out of the voting machine buis. altogether?

Anyway, I'm glad they still have plenty of money to pay back all of the counties that bought their crap defective machines.

[elehhhhna]

5. Becasue their new vote-printer retrofit costs one million dollars, each?

lol

[jdadd]

6. I'll give you my excuse....

for everything that can't be explained....."WE live in a republican world"

[AlCzervik]

9. diebold makes lots of things besides voting machines, almost every time

you use an atm your receipt is being printed by diebold, funny they print out for ATM's but not for voting machines.

[OregonBlue]

11. "Funny they print out for ATM's but not for voting machines". Exactly,

they're just plain dirty.

[AtomicKitten]

10. Diebold is diversified with ATMs AND steals elections.

Except ATMs have paper receipts. Go figure.

[applegrove]

12. Cause now everyone who has a diebold machine has to buy a printer

to print out the paper trail?