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McDermott International Inc. Message Board

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  • mny_game mny_game Aug 19, 2008 1:07 PM Flag

    Market Cap less than Backlog

    Let see -
    No Debt
    1 Billion cash
    constraints on adding more work due to limited yard space (until late 2009 -10) when China Yard is open.

    I would say Yes around $70 plus or minus - If less, probably would not be accepted.


2.70-0.01(-0.37%)Feb 5 4:02 PMEST