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Monday, May 19, 2008 2:47:59 AM
Petrobras has effectively cornered the market on deep drillers and FPSOs, making Exxon and Chevron basically squeal for very few leftovers. And . . . now we know that DDI is in with Petrobras via FT and it's PBR vendor certification. I may have to reread that again, just to let it sink in. That is a MOUTHFUL of big bullish news for us. Huge!
PLUS (there's more):
a. we would have hit DR's projections if a customer would have taken delivery of a product that we stored for them and the paid for, but for our system that books the payment at time of delivery, AND (there's more) (and btw, our actual revs were up 200%)
b. DR can no longer do our stock analysis because of conflict of interest when a part of their company (like, maybe financing!) is doing business with us.
HELLO! Are you still there? Have I got all this right? If I do, this has been the most bullish DD ever produced over a weekend since I've been here. What worries?
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