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To: Big Dog who wrote (2589)10/30/1997 9:21:00 AM
From: Velocipher.   Respond to of 95453
 
Thanks Mike, all I wanted was a ballpark figure, that will do.

Greg



To: Big Dog who wrote (2589)10/30/1997 12:21:00 PM
From: s. sorrell  Respond to of 95453
 
Nice Conference call by J.L. and company. All work being done on schedule and currently negotiating for more. Margins on rebuilds should hold in 30% range and for newbuilds it was stressed that margins would be in the 20% range but increase the revenues substantially. Sounded like the newbuild announcements should be in the next 2-3 months. Very good outlook.