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SageWise

02/28/08 10:21 AM

#54003 RE: Sea-Note #53994

Thanks, Sea-Note. Another top quality post from you and thanks for the response to our questions/comments. I agree about the recurring revenue stream which we've seen with the service/maintenance with the USCG Mackinaw.

"A ship is a 20 to 50 year investment and will need upgrades, maintenance, and modifications throughout its life which can create continuing revenue streams from each contract for decades following the initial build."

JDS - Thanks for that link to the PDF with info on Marine control systems. Good info/pics and learning material.

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Trueheart

02/28/08 11:19 AM

#54032 RE: Sea-Note #53994

Nice work, Sea-Note. Thanks for bringing to our attention Electrowave's great contribution to DDI's success.

The acquisition of EW by DDI enabled DDI to integrate it's hardware and EW's savvy electronic and mechanical design to create a killer combo that makes unique, cutting-edge products for the deep water industry.

A very impressive forward-looking management team.

Trueheart