1337913--3/29/2006--AHERN_RENTALS_INC

related topics
{acquisition, growth, future}
{customer, product, revenue}
{investment, property, distribution}
{gas, price, oil}
{personnel, key, retain}
{cost, regulation, environmental}
{system, service, information}
{competitive, industry, competition}
{product, liability, claim}
{stock, price, operating}
Decreases in construction or industrial activities or in the convention business could adversely affect our revenues and operating results by decreasing the demand for our equipment or the rental rates or prices we can charge. We depend on key personnel whom we may not be able to retain. The equipment rental industry is highly competitive, and competition could lead to a decrease in our market share or in the rental rates and prices we charge. Disruptions in our information technology systems could adversely affect our operating results by limiting our capacity to effectively monitor and control our operations. The nature of our business exposes us to liability claims, which may exceed the level of our insurance. We must comply with numerous environmental and occupational health and safety regulations that may subject us to unanticipated liabilities. We may encounter substantial competition in our efforts to expand our operations. If we are unable to obtain additional capital as required, we may be unable to fund the capital outlays required for the success of our business, including those relating to purchasing equipment and to new rental . If we are successful in our efforts to expand our operations, it may result in significant transaction expenses and risks associated with entering new markets. We are controlled by one shareholder. His interests may conflict with the interests of the holders of our notes. We purchase a significant amount of our equipment from a small number of manufacturers. Termination of our relationship with any of those manufacturers could have a material adverse effect on our business because we may be unable to obtain adequate rental and sales equipment from other sources in a timely manner or at all. Our rental fleet is subject to residual value risk upon disposition. The cost of new equipment we use in our rental fleet is increasing, and therefore we may spend significantly more for replacement equipment.

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