277638--3/14/2007--DAVEY_TREE_EXPERT

related topics

{personnel, key, retain}

{cost, regulation, environmental}

{operation, natural, condition}

{condition, economic, financial}

{customer, product, revenue}

{competitive, industry, competition}

{capital, credit, financial}

{loss, insurance, financial}

{stock, price, share}

{stock, price, operating}

{cost, contract, operation}

{system, service, information}

{financial, litigation, operation}

Our business is highly seasonal and weather dependent. Financial difficulties or the bankruptcy of one or more of our major customers could adversely affect our results. Our business is dependent upon service to our utility customers and we may be affected by developments in the utility industry. Our quarterly results may fluctuate. We are subject to the risk of increased fuel costs. We could be negatively impacted if our self-insurance accruals or our insurance coverages prove to be inadequate. Because no public market exists for our common shares, your ability to sell your common shares may be limited. We are subject to intense competition. Our failure to comply with environmental laws could result in significant liabilities. We may be adversely affected if we are unable to obtain necessary surety bonds or letters of credit. We may be adversely affected if our reputation is damaged. We may be unable to employ a sufficient workforce for our field operations. We may be unable to attract and retain skilled management. Natural disasters, pandemics, terrorist attacks and other external events could adversely affect our business. We are subject to claims and litigation We may be adversely affected if we enter into a major unprofitable contract.

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277638--3/14/2007--DAVEY_TREE_EXPERT_CO