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

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To: David Klein who wrote (368)5/1/1998 2:48:00 PM
From: Grommit  Read Replies (1) of 547
 
Earnings were essentially broadcast on March 30 with the press release. That press release mentioned utilization low due to drydocking and start up of newly acquired fleet -- which are the same issues TMAR discussed in their CC. Both said that day rates are firm.

In the April 27 press release Hvide said "We don't see a slakening in the demand for our services...and we have all of our vessels fully employed"

I am comfortable with the short term outlook over the next few months.

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