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SageWise

04/29/08 8:17 AM

#62574 RE: JoeSmith #62517

My bet is on the former - fabrication of anodes for a different project than the SAM project. Anode fabrication seems to be a new area that they're getting into IMO based on not seeing anything about it in previous 10-K's / filings. Not sure if this is a "commodity" item or a high margin item. Perhaps the installation services on these makes us the high margins. Wonder if these are ROV installable.