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JoeSmith

12/13/07 9:27 PM

#41207 RE: forgreen #41193

Thanks for those replies TradeSwapper.
On the question of challenges in the oil industry, I was thinking more the technological challenges, drilling deeper, supporting massive weights from floating platforms, doing what was impossible a few years ago, those were the challenges I was thinking of.
Back when USA worked to get men to the moon, there must have been much excitement and a pioneering spirit amongst the engineers, maybe a feeling that any challenge could be overcome.

I agree with deep sea sector growth regardless of fluctuations in oil prices, there are too many billions of people that have seen
life with petroleum and they want it too. There is no turning back.

mystic krewe

12/14/07 12:45 AM

#41273 RE: forgreen #41193

hallelujah man! been sayin that for weeks, but not as well as you just did.

It is totally irrelevant to their goals and task. The deep sea sector will grow heavily regardless of the price of oil at $70 or $100 a barrel. The company will have their hands full dealing with that growth. Oil fluctuations will not in any affect work activity or outlook at the company. And it should not be drawn upon by investors as any kind of metric on which to base an investment in DPDW. If oil hits $70 in a month it has little bearing on the progress of the company. If oil went to $40 it would. That seems almost impossible, therefore no one in or out of DPDW should be fixated on oil price movements as a basis for judging the company's performance or prospects. -- TradeSwapper

darwindows

12/14/07 10:47 AM

#41292 RE: forgreen #41193

Tradeswapper,

I was just curious about something you mentioned in one of your posts. You said that you could not discuss some details about your visit to DPDW. Does that mean you have entered into some form of business relationship with some of the principles? Becuase otherwise, if they told you something, then by default one would assme it would be public information, right? I am just trying to digest the info you have provided in the proper light. Thanks!

~Darwindows