OYO Geospace Corp (NASDAQ:OYOG), Down By 13.37% ($12.92) From $96.660 After BUYINS.NET Report Predicted Weakness After Earnings
August 6, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Thursday, August 2nd 2012 stating that OYO Geospace Corp (NASDAQ:OYOG) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=oyog&id=297761
At the time this story was written, OYO Geospace Corp (NASDAQ:OYOG) is Down By 13.37% ($12.92) From $96.660 since the BUYINS.NET report was released.
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OYO Geospace Corp (NASDAQ:OYOG) - OYO Geospace Corporation designs and manufactures instruments and equipment used in the acquisition and processing of seismic data, as well as in the characterization and monitoring of producing oil and gas reservoirs. The company manufactures and distributes thermal imaging equipment and dry thermal film products to various markets, including the screenprint, point of sale, signage, and textile markets. Its seismic product lines consist of land and marine nodal seismic data acquisition systems; high-definition reservoir characterization products and services; geophones and hydrophones, including multi-component geophones and hydrophones; seismic leader wire; geophone string and acquisition system connectors; seismic telemetry cables; marine seismic cable retrieval and steering devices; and specialized data acquisition systems. OYO Geospace Corporation also develops permanently installed high-definition reservoir characterization products for ocean-bottom applications in producing oil and gas fields; produces a retrievable version of this ocean-bottom system for use on fields, where permanently installed systems are not appropriate or economical; and offers seismic borehole acquisition systems, which employ a fiber optic augmented wireline capable of high data transmission rates. In addition, it designs and manufactures power and communication transmission cable products, various specialized cables, primarily used in deepwater applications, such as remotely operated vehicle tethers, umbilicals, and electrical control cables; specially designed and manufactured cables, including armored cables for the offshore oil and gas, and offshore construction industries; manufactures industrial sensors for the vibration monitoring and earthquake detection markets; and other specialty cable and connector products used in connection with global positioning products and water meter applications. The company was founded in 1980 and is headquartered in Houston, Texas.
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