do another announcement, page-9

Hey HBSWRX, I liked Chand's better, but for what its worth my guess ( I couldn't really dignify it as a prediction) is:

November 2008 - $1.17 (Full year 08 will meet expectations, with vessels and ROVS coming on-line and some smart companies start to actually integrate the use of NMS in multi-phases of their projects instead of breaking them up in separate tenders.)

November 2009 - $3.30 (More major acquisitions during the year, including more vessels, doubling NMS size and increasing major project size being taken up - a big year with reputation being established.)

November 2010 - $4.84 Size increases further but not double - getting too big to do that easily any more.

After that, either starts to get seriously large and serious money gets made, or someone bigger gobbles them up for $6.20, before they get too big. The leading-edge position in the sub-sea world that NMS is carving out for itself now positions them beautifully for the massive growth in that area that has to actually occur in future. It isn't some wacky theory that O&G exploration and production (surveying, moohaha)and (concrete mattress supported) pipelines and underwater infrastructure that has to be engineered and then maintained under water will have to be created to provide ongoing energy security for every country that wants it - and who doesn't? It is this future that NMS is driving for - what happens in the immediate present is not so critical.