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jdsgungho

02/18/08 7:06 PM

#52354 RE: uncleremus #52350

This is an excerpt from some questions i just recently asked of steve haag-

Speaking of the pipeline, if you could put a number on the amount of acquisitions the company would be interested in accomplishing over a period of time how many would it be or just how big of a company would management like to see Deep Down become?

RESPONSE-- I can't quantify that in this forum; however, Gene Butler was not brought on to only build a million dollar company. All I will say is management is thinking BIG!

Even if that question could be answered in terms of market cap I would be interested in knowing their intentions of growth.

RESPONSE-- BIG!

Also, do you see the managements intention's of building a sub sea giant that will weather out the storm or is there always the possibility that they themselves could become an acquisition?

RESPONSE-- Ron Smith has built this company from an idea to a major industry player. He currently does not now have any plans to become an acquisition. My answer today is NO.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=26909480


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darwindows

02/18/08 8:44 PM

#52393 RE: uncleremus #52350

I agree with you that adding shares is fine as long as they are getting revs and improved margins in return. Plus, optimistically, some acquisitions may have synergies that can not be determined until after they are added.

As I said in my earlier post, I would love to see them posting big revenues in 08. I think we will have a better idea after the 1st 08 quarterly is released. Again, it's going to come down to margins too. I think Mako can make a substantial difference in that part, but only time will tell.