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Re: Bobwins post# 13356

Wednesday, 08/07/2013 7:59:14 PM

Wednesday, August 07, 2013 7:59:14 PM

Post# of 17737
Bobwins: MDR

I have owned this dog of a stock for years, and am thinking things couldn't get worse. Do U know what this statement means: "Moreover, McDermott has historically used bolt-on acquisitions to plug holes in its product/service portfolio. The company may find it difficult to complete accretive transactions in the future, which could negatively impact its growth rate."

Bolt-on acquisitions to plug holes, in deep water drilling, I believe.
It sounds like they are using obsolete technology.

Thanks.

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