Trico Marine Services (TMAR) Message Board

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

TMAR 22.46

+0.3%

2:59 PM EST

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To: JZGalt who wrote (928)	10/27/1998 12:48:00 PM
From: D.J.Smyth	Read Replies (1) of 1153

the company could still get $13 - $14 a share fire sale prices net to shareholders if they sold the boats; or closer to $18 if they had six months to unload. so why is it trading at $8.688? what kind of future depreciation is the market figuring to arrive at this price? boats couldn't depreciate that fast over the next ten years to arrive at $8.688

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