Hvide Marine HMAR - High Growth, Undervalued Message Board

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

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To: Douglas A. Sevy who wrote (67)	12/1/1997 5:29:00 PM
From: Robert T. Quasius	Read Replies (1) of 547

Concerns about the dropping price of oil, and the easing of tension in the Middle East. Also, the oil field services sector saw quite a run-up in stock prices, and late in the year mutual fund managers are taking profits. I still say that long term HMAR and TMAR are excellent stocks to hold. The fundamentals of their business really haven't changed, and long term the demand for oil and gas will outstrip supply, spurring demand for offshore drilling. In the case of HMAR, they also have the tugboat consolidation and chemical/petroleum transportation businesses, which both look very attractive. I'm seriously considering increasing my stake in these two companies.

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