SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Hvide Marine HMAR - High Growth, Undervalued

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John S. Sturges who wrote (232)2/2/1998 4:32:00 PM
From: Thomas C. Donald  Read Replies (1) of 547
 
John: You said that the position of your company, CIBC Oppenheimer, on HMAR is: "It will be very difficult for them to double their business in '98 without acquisitions and they need a stock over $30shr and climbing to do this. Thus a downgrade."

I just talked to Investor Relations at HMAR and was assured that the $284 million Care Group acquisition is being completed as planned, even with Oppenheimer's downgrade. It appears that your strategy will not be successful with HMAR. Your cash flow projections might even turn out to be more conservative than you intended.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext