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Non-Tech : Hvide Marine HMAR - High Growth, Undervalued
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To: Grommit who wrote (195)1/27/1998 12:35:00 PM
From: Grommit  Read Replies (3) of 547
 
DLJ has lowered the sector and TDW and HMAR in particular. They say dayrates will drop in 2nd half and lowered earnings est for TDW and HMAR. HMAR 1998 from $3.27 down to $2.42, they say.

I now understand that 75 supply boats will come on line in 1998-1999. This doesn't seem to be that out of line with the 40 per year demand increase that I guessed at yesterday.

Dazed and Confused.
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