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jdsgungho

10/27/08 9:13 PM

#80915 RE: jdsgungho #80914

the real mr and mrs smith!

ron smith has worked in the oil industry for many, many years and has a vast knowledge of of everything oil related fro a to z. along with knowing and having personal relationships with some of oils top dogs
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Ronald E. Smith, President, Director, and Chief Executive Officer . Mr. Smith co-founded Deep Down in 1997. Mr. Smith graduated from Texas A&M University with a Bachelor of Science degree in Ocean Engineering in 1981. Mr. Smith worked both onshore and offshore in management positions for Ocean Drilling and Exploration Company (ODECO), Oceaneering Multiflex, Mustang Engineering and Kvaerner before founding Deep Down. Mr. Smith’s interests include all types of offshore technology, nautical innovations, state of the art communications, diving technology, hydro mechanics, naval architecture, dynamics of offshore structures, diving technology and marketing of new or innovative concepts. Mr. Smith is directly responsible for the invention or development of many innovative solutions for the offshore industry, including the first steel tube flying lead installation system.
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Mary L. Budrunas, Vice President, Director, and Corporate Secretary. Ms. Budrunas, and Mr. Smith’s spouse co-founded Deep Down, Inc. in 1997. Mary was one of the earliest employees of Mustang Engineering with 10 years as their senior purchasing agent and left Mustang to assist Mr. Smith in the development of Deep Down, Inc. Prior to that, Ms. Budrunas was the Procurement Manager for a large Drilling & Production facility being fabricated in Ulsan Korea. Ms. Budrunas is responsible for all administrative functions including Human Resources, A/P, A/R, etc.


DPDW IS THEIR LIFE !



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elsieCat

10/27/08 9:13 PM

#80916 RE: jdsgungho #80914

you go, jds...

The chart is so fascinating, btw. CMF is still in positive territory; the price descends but look at all the white candles. The inherent true value of the company is battling mightily against the negative effect of forces outside the co's control. If bashers want to be more effective, they'd say "don't fight the trend" and not bother trying to impugn the quality of the company.

As your posts prove (and joe's shared e-mail asserts), DPDW is firing on all cylinders and it's just the general trend of the industry/market that is causing these declines. IMO we'll reap *great* rewards when the market allows.