Trico Marine Services (TMAR) Message Board

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Gold/Mining/Energy : Trico Marine Services (TMAR)

TMAR 22.41

0.0%

Nov 7 9:47 AM EST

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To: D.J.Smyth who wrote (754)	8/25/1998 8:28:00 PM
From: Stephen L. Smith	of 1153

Darrell -- you've referred to the fact that TMAR management has been in a meeting (or meetings) during the past two days. Do you have any sense of what the agenda for this meeting is? Was the meeting scheduled, or unscheduled? The fact that management is in a huddle while the stock continues to plummet on more than twice average volume is, to put it lightly, disconcerting. Your input has been helpful and illuminating -- from a fundamental standpoint this stock looks like a steal (and, frankly, I thought it was a good buy at 19.75) -- but the market is treating it like there is something drastically wrong that goes beyond the oil surplus problem. Is TMAR's big debt load a concern to large investors bailing out? Does anybody have insight into who exactly is selling?

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