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10-17-2005 MIND - Mitcham Industries Inc

CURRENT PRICE: $10.75

TYPE OF PLAY: VALUE/INSIDER BUYERS/EARNINGS GROWTH

Mitcham Industries, Inc., a geophysical equipment supplier, offers for lease or sale, new and "experienced" seismic equipment to the oil and gas industry, seismic contractors, environmental agencies, government agencies and universities. Mitcham conducts operations on a global scale and is the largest independent exploration equipment lessor in the industry.
Considering the earnings posted in the last two quarters, this company is attracting investors' attention, and the fact that insiders are buying at the current price levels should boost investor confidence.
The company will be presenting at Instream Partners' fourth annual "Value Below the Radar" conference on Oct. 18, 2005. Instream Partner's conference highlights companies exhibiting strong growth and value characteristics with market capitalizations below $500 million.

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