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Non-Tech : Hvide Marine HMAR - High Growth, Undervalued

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To: SargeK who wrote (522)9/5/1999 10:00:00 AM
From: Robert T. Quasius  Read Replies (1) of 547
 
Yes, I know Junior is out. He wrecked the company first, and there is too much doubt in my mind about recovery at this point, not that they've essentially defaulted.

I've also been in TMAR for some time, and have a lot of confidence in TMAR's management. I rode TMAR up to $40+ and then down to $4 with my initial holdings, then averaged down in the $4 - $6 range a couple of times. I see TMAR returning to $15 by year end, $25 - $30 by year end 2000.

HMAR will have nice price action if they survive, but right now the odds are too dicey for me.
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