Trico Marine Services (TMAR) Message Board

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

TMAR 22.41

0.0%

Nov 7 9:30 AM EST

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To: Robert T. Quasius who wrote (581)	7/24/1998 4:16:00 PM
From: D.J.Smyth	of 1153

<<The street will clobber the stock anyway>>. well thanks ya robert. guess the street hasn't already clubbered this stock. maybe a clubbering is $0 if that's whats y'all means. let's see now. earnings of $2.50 this year and a stock price if zera. dat means the pee on me ratio would be zera too. even dough oil use is increasing by over 1 million barrels a month, inventory increased by nearly 2 million barrels a month. which gives us an excess capacity of about 9 million barrels total for da hole werl which is a few months i reckon. but dose oil rigs are working at 96% capacity too (about da highest in thar history thar). so its a wouldn't take much to break a that thar capcity sysim. Tidewater is trading at nearly 2 times sales to market capitalization. Trico is trading at 1 times sales to market capitalization. they clubbered Tidewater because the CEO gave it no verbal support other than, well geez, it's sures a great buy at $32 we's thinks. Trico has traditionally done better during the CCs. I'll just wait around and see.

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