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jdsgungho

03/19/09 11:23 PM

#87189 RE: spec machine #87187

There are many variables indeed, and nobody can discount the fact that all markets are gravely depressed.

I for this moment in time, agree with your 6 months (based on what we know NOW)

But believe , even based on the information we have at hand that the 1 and 2 year especially , have been given a grossly undervalued projection. [JMHO]

Only time will tell, and i appreciate the conservative approach much more than 8 in 08, but Imo you are discounting the subsea service markets for an overextended period of time(JMHO)
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DOLLARLAND

03/20/09 12:11 AM

#87194 RE: spec machine #87187

I think Mako is the Wild Card for 2009. When DR was covering DPDW, they were looking at exponential growth for Mako in 2009. Mako sometimes gets forgotten with Flotec now in the spotlight, but just watch what unfolds this year.

Rhino