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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: Grommit who wrote (602)	7/28/1998 1:19:00 PM
From: Keith J	Read Replies (1) of 1153

Grommit, please check your numbers again. Even IF you keep utilization at the same level and lower gulf rates to $6000, I only come up with about a net $4.1 million reduction in after tax income for Q3 if you leave everything else the same from Q2. This is about 37 cents for Q3 then, and I doubt that rates will fall to $6000 during the quarter and utilization should go up some (although will need the conference call info to help determine how much). KJ

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