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Re: John Bates post# 56352

Wednesday, 10/18/2006 11:33:00 AM

Wednesday, October 18, 2006 11:33:00 AM

Post# of 173850
Niles_crane3...ALY...It'll be interesting to see/hear their quarterly results. Management must be pretty pleased with how things are going/projected to go to pony up another $28M for an acquisition. Remember, they can always shift equipment to Argentina now. We'll see. Also someone else commented on the 50% utilization rate. With rental equipment, the industry average is around 40-45% if I remember correctly. It'd be nice if it was 95% like rigs, but you need to continually shift the equipment more between job sites.

Either ALY is going to BOOM big! or Boom (as in implode!) in the next couple years.
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