Sunday, October 12, 2008 2:36:45 AM
DRYSHIPS ANNOUNCES STRATEGIC EXPANSION
ADDING 9 CAPESIZE VESSELS AND 2 UDW DRILLSHIPS
CONFERENCE CALL TO BE HELD TODAY AT 9:00 A.M. EDT
October 6th, 2008, ATHENS, GREECE
transactions in shares and not cash and not debt
"When we saw the market mature in 2008 we shifted our chartering strategy to long
term period coverage as a result of which 61% of the vessels in the water are
employed on fixed rate contracts [with favorable pricing now-my note] with an average remaining term of 5 years."
webcast presentation:
http://www.irwebpage.com/dryships/files/drys100608.pdf
http://www.capitallink.com/ppress/ppressfile/23406845/dryships100608.pdf
interview re. the
http://www.irwebpage.com/dryships/files/BPinterviewOctober2008.pdf
i've previously owned NM for a profit and TOPS for a big haircut.
DRYS is looking very attractive to me, but I'm going to do little more dd before i pull the trigger
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
ADDING 9 CAPESIZE VESSELS AND 2 UDW DRILLSHIPS
CONFERENCE CALL TO BE HELD TODAY AT 9:00 A.M. EDT
October 6th, 2008, ATHENS, GREECE
transactions in shares and not cash and not debt
"When we saw the market mature in 2008 we shifted our chartering strategy to long
term period coverage as a result of which 61% of the vessels in the water are
employed on fixed rate contracts [with favorable pricing now-my note] with an average remaining term of 5 years."
webcast presentation:
http://www.irwebpage.com/dryships/files/drys100608.pdf
http://www.capitallink.com/ppress/ppressfile/23406845/dryships100608.pdf
interview re. the
http://www.irwebpage.com/dryships/files/BPinterviewOctober2008.pdf
i've previously owned NM for a profit and TOPS for a big haircut.
DRYS is looking very attractive to me, but I'm going to do little more dd before i pull the trigger
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
TRADING: "More Signal...less Noise"
LIVING: "One World, One Family, Warm Heart" Dalai Lama
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