Hvide Marine HMAR - High Growth, Undervalued Message Board

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

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To: Robert T. Quasius who wrote (332)	3/31/1998 10:07:00 AM
From: Grommit	Read Replies (3) of 547

RTQ - you have turned into a short term trader? Shame on you for selling this one, since you know better than that. This is a very upbeat announcement for future quarters and with OPEC showing some backbone, our downside is limited at this level. The Company attributed the shortfall to lower utilization... in the Gulf of Mexico, there were a high number of drydockings and unscheduled service interruptions. On the international side... start-up of new operations and... upgrading in preparation for new term contracts... Day rates for all the Company's offshore vessels, both domestic and international, continue to show firmness, which indicates an improving performance in the quarters ahead as the Company continues the process of integrating new vessels into its fleet.

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