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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: Sam Miller who wrote (649)8/6/1998 2:40:00 PM
From: D.J.Smyth   of 1153
 
Sam, <<Another day and HMAR is up 1/4 while TMAR and TDW are down. Is something up with HMAR? Who might be accumulating HMAR but not TMAR?>> it most likely has to do with HMAR having a much smaller float. Hvide represents a good portion of the insider ownership at HMAR. TMAR's "inside ownership" has come from the banks and Mutual Shares, but this form of "inside ownership", i.e., banks and mutual funds is not considered "inside ownership" using the traditional definition. So, even though Michael the Price is Right Mutual Shares owns 10%, they are not listed as "inside ownders". at least that's my understanding. We are now trading at about the same price that Micheal the Price bought his shares.

relative float says nothing about the value of HMAR relative to TMAR.
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