Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Think4Yourself who wrote (46437)	6/15/1999 10:22:00 AM
From: ChanceIs	Read Replies (2) of 95453

Comments on the Tidewater - Hvide deal?? Tidewater agreed to buy a significant portion of Hvide fleet including six newbuilds. Both stocks are up today, especially Hvide. I had thought that TDW might buy Hvide in the manner of the FGI/HMAR merger. But this is not the case. Is this a good time to grab Hvide?? Does this give them enough breathing room/cash to recover?? I would think that TDW could take more market share from Hvide and slowly eat them for lunch. You have to love TDW's balance sheet.

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