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Non-Tech : Hvide Marine HMAR - High Growth, Undervalued
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To: Grommit who wrote (98)12/24/1997 1:24:00 PM
From: michael meyers  Read Replies (1) of 547
 
Grommit, just to let you know that I'm hanging in there with you on
HMAR. In fact, I recently doubled by position [which immediately lost
money, but oh well]. As you know, there is a lot of nervousness in
the market now, depressing all but the "safest" stocks [e.g. Merck].
I'm hoping that once 4Q97 earning are announced, this stock will
return to more reasonable valuation levels. There are two risks:
1) that they don't make their numbers, which seems unlikely given what
they have said, and 2) the market waits longer, perhaps till after
1Q98, to settle down.

Michael
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