Kelman Technologies (KTI.V)

BUY
Had a bad quarter 2 quarters ago. Has opened some US offices that creates some potential. Seismic demand is down at this point.
PAST TOP PICK
(Was a top pick on Apr 24/03. Down 2%.) Still likes. Recently had a bad quarter. Moving more and more into the states which is good. Good management.
WEAK BUY
Lost money in the last quarter. Seismic industry has been hit. Excellent potential.
TOP PICK
Their bottom line has improved by about 42% last year. Profitable. Moving activity into US.
PAST TOP PICK
(Was a top pick on Aug 27. Up 17%) Still a buy.
PAST TOP PICK
(Was a top pick on Aug 27. Down 6.4%) Still likes. Excellant price.
TOP PICK
Cash flow is improving.
BUY
Likes management. Expanding into the US.
WEAK BUY
Likes management/balance sheet. Revenues are up.
BUY
Earnings and sales are going up. Good back log.
TOP PICK
May start to move because of oil price increases.
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