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Sunday, May 15, 2011 4:16:04 PM
Harris has the multiple markets, the resources, and the global reach to take ERF's technology to a grand scale in a fraction of the time that it would take ERF to do the same.
I find it interesting that the deal SLB made took so long and that it was announced in November... and yet, we didn't get wind of it until just before it was finalized recently... how is it no one on the boards knew? If there was something going on with Harris, it would have started back in November (or earlier); so why was it hidden so well from ERFers... Harris had a dedicated CC about the sale on the day it was announced; so judging by the lack of MB chit chat on the subject, is it reasonable to think that something is going on with the 2 companies (ERF and Harris)???
How long would it take a company like Harris to buy out ERF? Only about as long as it takes to test the patents and do a field test to see that the technology is as promised... 6 months... a year.... does the SLB disagreement have something to do with the delay?
As a long, I am not focused on SLB nor Harris... both are long shots in my book... I am thinking about what is next... ERF needs to be grabbing a larger slice of the O&G communications pie.
Numbers this week... did they close the gap to CFP? Did they at least narrow it to where we can see it's going to happen soon?
More traction... more trailers... more contracts... more overlapping market segments... more efficient... it will finally add up to ... the MORE LIKELY the PPS will trade at a reasonable market value.
MBD's 10 cents this month seems lofty but hey I am all for it...
Best of luck to those that lasted this long.
A1
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