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 Gold/Mining/Energy | Wescam (WSC TSE)

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To: Cush who wrote (30)2/24/2000 3:22:00 PM
From: jim   of 53
 
Big volume today may bode well for the stock in the near term.

jim

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To: jim who wrote (31)2/26/2000 9:49:00 PM
From: zigler   of 53
 
I have been watching this stock bounce from $4 to $5 so many times over the last three years I am getting dizzy. Each time it looks like it will get some momentum and breakout it falls back to the $4 range. I just bought a bunch more at $4 so I am glad to see it start to go up, especially in a bad market. I have been very patient with this stock buying most of my shares for around $3 back a while ago.

I like the stock for the following reason.

1) They own their market
2) They trade at low p/e ratio, around 10 based on $0.40 to $0.50 earning next year.
3) They are high tech company with specialized equipment.
4) They have growing sales.

I guess nobody else see any of this or I am ignorant to something everyone else seems to know.

My hope now is that they will be bought out buy a company for a good profit. Maybe horseshit.com with no profits or revenue but a zillion dollars market capitalization will buy them for $100 per share.

Patiently Waiting

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To: zigler who wrote (32)2/28/2000 4:13:00 PM
From: Jeff Chan   of 53
 
I know how you feel...

that's why I've done some trading with the stock...buy at ~$4 and sell ~$5...not huge gains, but almost predictable. I guess everyone's got "B2B" and "biotech" on the brain right now (mind you, I'm not complaining...made a lot of money on CIC and IFM so far). WSC will have it's day...it is making money.

Jeff

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To: Jeff Chan who wrote (33)2/29/2000 4:32:00 PM
From: Bannick   of 53
 
Jeff,

I'd have to agree with you, I keep bouncing it in and out of my RRSP as a contribution in kind and then pull it out again as cash swap.

Bouncing seems to the be flavor of the past year....

The 2000 Olympics should generate some exposure as the LA games did earlier. Will wait and see how the company plans to use its position in that market.

Mike Benson

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To: Bannick who wrote (34)3/4/2000 8:47:00 PM
From: zigler   of 53
 
Time to buy again. The bounce towards $5.00 has once again come to a screaming halt and the stock is again $4. This stock is nothing but a trading stock. I hope management comes up with some plans to enhance shareholder value. I think another year of $4 to $5 they will have to act.

A very patient shareholder.

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To: zigler who wrote (35)3/8/2000 9:47:00 PM
From: jim   of 53
 
Earnings are out and they look great, maybe tight margins but if R&D slows and expenses were better controlled, WOW we have potential.

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To: jim who wrote (36)3/9/2000 1:13:00 AM
From: zigler   of 53
 
Gross margins always are lower in the first quarter. I don't know why this is but perhaps someone else can explain. The earning now are $0.09 ahead of last year so this should put us up around $0.50 for the year provided the remaining quarters are similar or better than last year's. I like the ever expanding back order.

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To: Technopeasant who wrote ()3/31/2000 12:28:00 AM
From: Marc   of 53
 
Why is it that when i find good Canadian companies, with unique technology, great revenues growth, earning growth, some seasonal factors (hey look at Intel they always have one slow quarter, so what), i look at the chart and ask myself why, what's wrong with this stock, trading at less then 1 times sales at reducible P/E ratio. And i look at other Canadian POS stocks with declining revenues trading
at price/sales of 50, what's wrong with our stock valuation.

Anyway, got in today, i think they need more press coverage, more TV appearance, everybody probably have seen one of their camera at on point, but don't even know the co. is Canadian, i didn't until today, and that is NOT NORMAL.

Marc

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To: Marc who wrote (38)3/31/2000 2:14:00 AM
From: Flipper12   of 53
 
i have been long on this company for almost 2 years and it is damn frustrating hopefully this latest news will take it over $6.

Wescam Awarded C$19 Million Follow-On Order From Lockheed Martin For
U.S. Navy P-3C Contract

FLAMBOROUGH, ONTARIO--Wescam announced today that it has received
a C$19 million follow-on order from Lockheed Martin Corporation
("Lockheed Martin"), acting through its Naval Electronics and
Surveillance Systems - Eagan Division, Minnesota, pertaining to
the United States Navy P-3C Orion upgrade program. Lockheed
Martin has exercised a fourth set of options to purchase
additional variants of the WESCAM( 20 multi-sensor systems for the
U.S. Navy. This latest order is scheduled for delivery between
the first quarter of fiscal 2001 and the second quarter of 2002.


Wescam was initially contracted by Lockheed Martin to supply
systems for the "P-3" maritime patrol aircraft upgrade program in
October 1997. The total contract value to date, including today's
follow-on order announcement, is C$74 million.

"Wescam introduced its WESCAM( 20 technology into the government
and military program marketplace in 1997," stated Mark
Chamberlain, Wescam's President and Chief Executive Officer. "It
is satisfying to see the systems beginning to enter the P-3 fleet
and undergo operational deployment where they can make a positive
impact on the maritime patrol mission of the U.S. Navy."

Wescam is a world leader in the design and manufacture of wireless
visual information systems, providing real time images as
information for a variety of government and commercial customers
around the globe. Wescam captures images from moving platforms
that range from aircraft, helicopters, airships and the Space
Shuttle to racing cars, tracks, boats and cranes, and transmits
those images via wireless communication link to the end user.
Wescam is traded on The Toronto Stock Exchange under the symbol
"WSC".

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To: Flipper12 who wrote (39)3/31/2000 9:24:00 AM
From: Marc   of 53
 
Hi Peter, wescam contract was mention in the Globe & Mail

Wescam adds to Lockheed contract
- Friday, March 31, 2000

Wescam Inc. has received a $19-million follow-on order
to supply multisensor systems to Lockheed Martin
Corp., which will use them to upgrade the U.S. Navy's
P-3C Orion maritime patrol aircraft. The order is Lockheed
Martin's fourth set of options to purchase the systems.
The total contract value to date is $74-million. Lockheed is
based in Bethesda, Md.

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