Question-and-Answer Session
Operator
(Operator Instructions)
Our first question comes from Matt Duncan from Stephens Inc. Please go ahead.
Matt Duncan - Stephens Inc.
Good afternoon, David and Mac, and congrats on an excellent quarter. A couple of quick questions here. David, I know you guys did not give guidance in the press release and you did not give any here in your prepared comments, but you mentioned that on Tuesday you went through a plan and the forecast for ’07. Is there anything you can tell us about what your expectations are for this year, at least on the top line anyway, on revenue?
David R. Little
Well, our goal is, and I think we have made this public to everybody, our goal is to certainly grow the top line 20% and the bottom line 35%. We do that through the three-pronged growth initiatives that we have. Certainly we have been exceeding that. I would say, not to venture out too far, that we feel pretty strongly that we are going to exceed that.
Matt Duncan - Stephens Inc.
Okay, fair enough. On the innovative pumping solution side, you mentioned interestingly that it looks like you guys have got enough orders to pretty much take you through 2007. You mentioned that some of the orders you are taking today are probably not going to be fulfilled until 2008, that group is so busy and I did see that the first time I was down there to see you guys, but I am curious if you have any feel for how much you think you can grow those revenues this year. Are we looking at something on par with what you did there in 2006, or could it even accelerate a little bit?
David R. Little
I believe we have told people, Mac, that we grew that business about 80% last year? Again, I think that part of our business is 15%. Is that right?
Mac McConnell
15% to 20%.
David R. Little
Yes, so I think they feel pretty good about growing that segment of the business about 50%.
Matt Duncan - Stephens Inc.
Okay. I wanted to ask a little bit too about your acquisition strategy and what the pipeline looks like. I know obviously you guys plan on acquiring across the country to get larger. Can you just comment a little bit on what the pipeline is like right now? Are you seeing a lot of good opportunities? Just talk a little bit about that.
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