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Gold/Mining/Energy : Trico Marine Services (TMAR)
TMAR 22.47+0.3%Nov 5 2:59 PM EST

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To: D.J.Smyth who wrote (885)10/12/1998 12:16:00 PM
From: Stephen L. Smith  Read Replies (2) of 1153
 
Darrell -- Do you know for a fact that management is not buying TMAR shares at this price? Perhaps the "unknowns" to us are not "unknowns" to management. At this point, this is one of the weakest stocks in a weak sector. I'm looking for a compelling reason to average down -- your fundamental analysis has been interesting, but nobody seems to be biting on the "value" concept. The performance of this stock is reflective of a company in deep trouble. If in fact management is not buying now, when the stock is purportedly dirt cheap, does that not elicit concern in your mind?? I didn't think the shares would sink down to 4.5 -- what's to keep them from sliding another 50%? There's no buying interest at all, here.
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