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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who started this subject3/31/2002 5:30:13 PM
From: Joe Stocks   of 787
 
GMRK- Idea for Long that I picked up on another board that looks interesting to me.

>>Gulfmark Offshore operates offshore support vessels that provide transportation of materials, supplies and personnel to and from offshore platforms and drilling rigs as well as anchor handling and towing services. For the FY ended 12/31/01, revenues rose 47% to $114.1M. Net income totaled $37.9M, up from $7.9M. Revenues reflect increased day rates and the expansion of the fleet. Earnings benefited from improved margins and income tax benefits.<<

Appears to be a good money maker. PE of about 10 on this year's earnings and a 25% projected growth rate.

stockcharts.com[l,a]daclyyay[dd][pc20!c50][vc60][iLb14!La12,26,9]&pref=G
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