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

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To: Don MacNeil who wrote (100)12/24/1997 4:58:00 PM
From: Robert T. Quasius  Read Replies (1) of 547
 
Read the earlier post on this thread about day rates.

exchange2000.com

Anyhow, I don't think that the long term earnings growth expectations are based upon ever rising day rates, but based upon the economics of consolidation and the agressive growth strategy of HMAR.

Also, remember that HMAR is not exclusively in the GOM supply boat business. There are now substantial operations in the Middle East, North Sea, and other places. Also, the tugboat business and chemical/petroleum transport businesses. I am still very bullish on this company.
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