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Gold/Mining/Energy : Trico Marine Services (TMAR)
TMAR 22.410.0%Nov 7 9:30 AM EST

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To: Stephen L. Smith who wrote (592)7/28/1998 10:33:00 AM
From: D.J.Smyth  Read Replies (2) of 1153
 
doesn't sound reasonable as only 70% of their supply boats were utilized this past quarter due to drydockings. this means they have an additional 20% coming on line for the second half of the year as the market warrants. lift boat utilization was only 54% which should also substantially increase for the second half as the two larger lift boats will be operational in the second half. the conference call is at 2pm this afternoon. we'll know more then. unbelievable good numbers given the total utilization rate.
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