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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: Your Highness who wrote (622)7/30/1998 3:02:00 PM
From: Grommit  Read Replies (1) of 1153
 
How can these idiots expect .32 (almost 1/2 of this quarter) in the quarter ending 9/98?

They may not be as dumb as we look. Utilization rates for HMAR are down from 80% in Q2 to 60% today!

Check the HMAR thread for the conf call notes if you like. HMAR made .55 in the qtr and essentially said to expect .62 for the balance of the year. HMAR has less percentage exposure to GOM than TMAR.

PS - They also mentioned that gas exploration and production is down and that gas storage is 25% ahead of last year.
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