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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: steve goldman who wrote (644)8/5/1998 10:49:00 AM
From: D.J.Smyth   of 1153
 
scott <<to me, let them take it all the way into single digits>> were here. we're buying over the next several days. our analyst told us to dump our small position at $15 as he said "they" (the houses) were planning on taking it lower, in other words, this was not a valuation issue relative to the price of oil it was an stock engineering issue. we're averaging up here. they've met their single digits goal. they may decide to go for chicken though. to them it's a suport game, i.e., who is willing to support this stock price and at what levels. if the company is not willing to support their price...so the thinking goes. you take no prisoners. mercy is not in their dictionary.
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