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JoeSmith

02/04/08 5:45 PM

#49375 RE: Argyll #49372

I would agree with you on "Deep Down has made progress in sales and growth" and the only other reason I can possibly come up with
is now the street wants to see an improvement in the numbers.

It's just an opinion, and I can't think of another good reason other than the theories the board has already discussed.

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Trueheart

02/04/08 5:47 PM

#49376 RE: Argyll #49372

Argyll, personally, I think we got way ahead of ourselves based on that Dahlman Rose prediction of $2.50.

The stock flew up in an attempt to fulfill that number but the support for the price wasn't there.... nowhere near there.

The 70% drop will either be right or wrong depending on the results of the 4th quarter and the backlog of product.

I think there is a lot of "goodwill" value in this company that is not being taken into consideration at the current price. Deep Down and its divisions are thinkers, creators and problem solvers in the ever-building sector of deep water search and production.

AIMMHO.

Trueheart


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jdsgungho

02/04/08 8:10 PM

#49385 RE: Argyll #49372

the true progress just started back up in the begining of january,and in my opinion the pressure will build back up again as more and more news is released and numbers start coming out

since the aqquisition of mako was announced in dec, we have had 11 press releases-9 in january alone-will there be 9 more in feb?

but before that wave started there was a big lull in press releases along with some ex director selling and a lack of enthusiasm in the 3rd quarter numbers


so imo we are just getting warmed up again and will soon be moving back towards blue skys in the near future--PATIENCE

JMHO-JDS