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xZx

07/07/08 12:05 PM

#70974 RE: elsieCat #70973

been scooping a few myself. :)
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1918forever

07/07/08 12:08 PM

#70976 RE: elsieCat #70973

Anone else caught site of this from Oceaneering's presentation back in May? They are predicting ROV operating income to grow up to $30-$40M in 2008 (page 15 of the Powerpoint presentation). Looking for some news on the Mako acquistion to start paying some dividends.

http://www.oceaneering.com/presentations/Deutsche2008Website.pdf

Oceaneering's home page (for the ROV section) states that OII manufatures ROV's in Morgan City, LA - same city as Mako Technologies? Is there a connection there that I missed?