MSN Money - Jubak's Journal: "Landing government business
Choicepoint (CPS, news, msgs) is in the personal history business. For example, it provides the data that employers use for pre-employment screening by searching through its own and public databases of drivers' license data and criminal activity. Recently, the company bought Investigation Technologies, the operator of the Rapsheets Criminal Records Web site that provides online criminal records searches for mid-size companies.

Choicepoint also works with government agencies -- the FBI, Drug Enforcement Administration and the Immigration and Naturalization Service are all customers -- to provide identity checks and personal history. And the company runs consumer businesses such as the Vitalchek Web site that provides certified copies of birth, death and marriage certificates. The stock trades at 28 times projected 2004 earnings per share, not too expensive for a company that Wall Street expects to grow earnings by nearly 20% a year for the next five years."