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Gold/Mining/Energy : Offshore Systems International (TSE - OSI) -- Ignore unavailable to you. Want to Upgrade?


To: Aykay who wrote (475)5/30/2000 9:46:00 AM
From: Dan Hamilton  Respond to of 490
 
I bailed on my last 5k shares during the runup a couple of months ago. But I still keep an eye on it - my dad has shares. I would think it will slide back during the summer months like many small caps.



To: Aykay who wrote (475)6/4/2000 1:37:00 PM
From: James Bliss  Respond to of 490
 
There actually are a number of people that still care about Offshore. See the stockhouse thread (www.stockhouse.com). I started watching that thread because this one was getting really slow. A number of people who used to be on this thread now regularly post at stockhouse.

Offshore seems to have turned a corner to profitability by reducing the number of employees from something like 80 to 50 or 60. And with $3.5-5 million in deals from the US Coast Guard this year ($2.6 million already) and some major R&D spending lately, I think we will see a $1.50 - $2.00 share price by the end of the year.

Jamie