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Gold/Mining/Energy : Trico Marine Services (TMAR)

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To: Don Westermeyer who wrote (107)3/18/1998 6:03:00 PM
From: Keith J  Read Replies (1) of 1153
 
No, he's not claiming that book is $25. What he is saying is you could take the boats, melt them down, and sell the steel scrap and other residuals for $25/share (i.e., liquidation value - and it would be liquid in this case <G>).

KJ
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