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10/21/07 5:57 PM

#31502 RE: forgreen #31501

i like to size it up this way: in conversations i've had with management i'm consistently hearing that they view their business development through a constantly updating 3-5 year window. this means that back in jan 2007 they were looking at 2010-2012. by the time we get to 2010 their focus will most likely be 2013-2015.

ron smith has devoted his whole life to this industry. if you're passionate about something you stick with it, and these people truly enjoy what they do. we're not talking about a quick flip.

imagine the YoY comparisons we'll have on revenues when the K comes out. i'm not going to make guesses right now, but it suffices to say we're talking about phenomenal growth in their first year of being public.

and i don't expect them to ease up one bit, in terms of building this to be a top-tier offshore oil services giant. that's the plan.

...so far so good.