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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (793)8/11/2005 11:59:55 AM
From: Jibacoa  Read Replies (1) of 1404
 
DOC Is responding to the news of its subsidiary,OuterLink, which announced today that it has received FAA approval for its CP3 that can track commercial and military aircraft as well as ground vehicles in any weather condition, even when other traditional communication modes are disrupted.

On JUne 27 after the news of a second cow in the US with Mad Cow Disease DOC announced that it was accelerating its plans to introduce a national database system for registering and tracking livestock in the US and it will charge a modest fee for each animal tagged for the system, which is compliant with the FDA's Animal Identification System standards.

And on June 22 it announced that OuterLink was going to provide air ambulance operator Air Methods with position reporting equipment.

The stock is recovering from yesterday's loss, but is having some disturbing intraday upgaps.<g>

It is up a modest 3% with volume now over 233,100 It is finding some resistance at the 4 level.<g>

bigcharts.marketwatch.com

DOC reported a 24% improvement on revenues on its 1stQ and a 48% improvement on its 2nd Q and the loss was cut from $0.12/shr to $0.01/shr on the 1st Q and to $0.02/shr from $0.06/shr in the 2nd Q but the stock hasn't been able to get off from its near term downtrend coming from its 4.52 H on July 11

The results for the 3rd and 4th Qs are expected to be better as the company is due to start selling the CP3 before the end of the year and the EE are around $0.02 on the black vs. a loss of $0.15/shr last year.

For 2006 the EE are around $0.20/shr,that would be a nice % improvement and if they materialize should give the stock a good boost.<g>

Bernard
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