India Outsourcing has been established to capitalise on acquisition and
investment opportunities in India's BPO market, which has grown rapidly
with the rise of 'offshoring'. The BPO market includes a wide range of
services including call centres, help desks, back office operations, IT
services and customer service operations. The global BPO market is
forecast to grow to a market size of between $200 billion and $250
billion in 2008 (source: IDC).

IOS has not been doing well as expected...down to 20p today from 31p last week

Any thoughts on why the slump in price when the potential is huge?

initial rise was due to frenzy, a more stable price will be here until any news. 10p perhaps!

Everyone who is there for a quick profit might be a a bit impatient, however serious investors remember -- Indian outsourcing hasn't said anything yet! not the last one anyway. India is an emerging market like China. Although China is talked about a lot India is not. Remember CAIRN (I wish I was in early)Watch that space!Advice Buy Buy Buy

10p more realistic for IOS for now.

Up 42% today. News imminent? I note that one of the board members is CEO of GFC, in which I hold a few shares

it is possibly at its bottom...but you never know...very speculative

This is a shocking performer considering the potential and the original hype.
Anyone still see a future here or has everyone bailed out?

Its not even worth looking at. NO dealings for 3 or 4 years & focus is outsourcing.
It a potential rip off.

It's about this time last year that prelim results came out, so presumably we can hope for some figures pretty soon for this year???

EDIT. Cancel above - Just seen the figures!!!

LONDON (AFX) - "India Outsourcing Services PLC, a company formed to capitalise on acquisition and investment opportunities in the business process outsourcing (BPO) industry, reported wider losses for the year to Sept 30 2006, in line with market expectations.
The pretax loss for the year was 875,555 stg, compared with 424,369 a year earlier. More than half of this loss is due to the due diligence costs of an aborted transaction, the company said.

It added that net cash as at Sept 30 2006 was 2.76 mln stg"