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Re: stkjunky post# 71164

Wednesday, 07/09/2008 9:00:49 PM

Wednesday, July 09, 2008 9:00:49 PM

Post# of 107353
stk - is it possible you're misinterpreting "material" in Acergy's news release:

"If they are telling us that material is the problem, it's most likely a lie. I have been involved with metals machining and fabrication for 35 years, and believe me, if they want the material, they CAN get it."

http://www.offshore247.com/news/article.asp?Id=10841
"This has somewhat impacted our backlog progression, following the material increases at the end of 2007 and early 2008."

IMO they're using "material" as in anything that is significant enough to be reported.

Sage

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