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Re: None

Tuesday, 05/26/2009 1:49:02 AM

Tuesday, May 26, 2009 1:49:02 AM

Post# of 51364
Evening everyone.....Just got back on from the great Weekend. I hope everyone enjoyed the Memorial Day festivities and gave the respects to those honored.

To All re: the reasons for the focus on other countries.... Please read some of my former posts here, you will see why it is needed by these countries. There has been a law passed in the US stating that by 2012 countries importing goods to the US must provide 100% scanning of the containers they send to the US. If you notice the focus is on South America and probably other areas of the world desiring preferred trading status with the US. Getting this scanning ability will go a long way to achieve their goal. BTW who is it that we import the most products like produce, lumber, etc....I've already addressed this and done some DD for you so I won't repeat it for fear of being considered the "newbie" smarta$$. OK---call me what you will just a little DD I've done....Total increase in imports from all of Latin America from 1996 to 2007 +up 180.7% LAC(Latin America and the Caribbean). Colombia +up 118.6% (even in the 2006 to 2007 slowdown +up 1.1%) (Top % increases in LAC Brazil-190.9%, Venezuela--209.3%, Chile-291.3%, Peru-307.7%, Honduras-116.7%.)http://ftp.fas.org/sgp/crs/row/98-840.pdf Just a note Peru was paving the way to the preferred status achieved in late 2007 and implemented 02/09. Waiting to see the 2007-08 #'s. Should be down significantly but there is no ? about the overall trend. http://merln.ndu.edu/archivepdf/ARA/State/87628.pdf
I don’t really need the CEO's ear and neither does anyone else doing true DD.
Just a side note to the CEO (those of you who do have his ear)I would love to see in an Asian division but like everything else I'm sure China will get a pass on the 2012 legislation. Maybe down the road it would be worth the investment.
Basics: there must be a market preferable growing exponentially (CHECK); the product must be as good or better than what exists currently (most are inefficient, ineffective, non-existent)(CHECK); cost should be better than current options ?? (I don’t know the cost of other options 3 to 5% scanning in our Ports I guess; this could be VERY costly)(CHECK); doesn’t hurt to have government mandated use of the aforementioned product (CHECK). Sounds familiar.....or maybe it is just me...