My respect for DNOW leadership is going up. Times are tough all around and we are losing money. People are losing their jobs however leadership seems to not be panicking and doing their best to guide us through the challenge.
On the investors conference call yesterday they mentioned that they believe there are probably still more cost reductions (I read job losses) coming however I also found their words a little comforting. This is actually the first time since the spin off where I really felt they were in control and had a plan.