Question-and-Answer Session
Operator
(Operator Instructions)
Your first question comes from Curtis Woodworth with J.P. Morgan.
Curtis Woodworth - J.P. Morgan
In terms of your comments around Access on the outlook, based on what you are saying that you expect to see more of the same, so are you essentially saying that you think you can continue to grow organic growth in sort of that mid-teens level? Is that kind of embedded in your guidance for 2008?
Sal Fazzolari
No, we never gave specific percentages. What we said is that the business will continue to grow at a healthy rate. We certainly see that business can grow at high single digits or better and it is going to depend on the amount of capital investments we make this year. Right now, I can tell you, we are pretty much tracking where we were last year, so if that continues for the year, I could certainly a scenario where that business can grow in double digit rates revenuewise.
Curtis Woodworth - J.P. Morgan
In terms of disaggregating the growth, I do not know if it is possible, but how do you think about it in terms of actual end market demand relative to your ability to penetrate new markets, gain market share; just to try to get a sense of how we think the market is growing high single digits?
Sal Fazzolari
We have got a lot of things going for us. First of all, we think we are the best in the world, number one. Number two is, we’re making a lot of progress in some very key markets like the Middle East, Eastern Europe. We are also looking at parts of Asia like India for example. We are looking at many other parts of the world where we are starting to get a footprint in and we are expanding in other geographies as well and in addition to that, in some of the markets that we are in, we are gaining market share because of what we bring, the value we bring; we have, we believe the most modern equipment and we have the best people and the best engineers and so forth, so we think we can bring a lot of value and so that is why we are so optimistic. We think this business has a lot of momentum. It is very focused and the opportunities are there.
Curtis Woodworth - J.P. Morgan
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