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: D.J.Smyth who wrote (939)	10/28/1998 11:40:00 AM
From: JZGalt	Read Replies (1) of 1153

The comparison to EBAY is a silly comparison. Of course EBAY is a tulip trend stock, but that doesn't mean TMAR can realize any significant benefit from having hard assets. I was in the stock market when the steel industry took the writedowns. Assets are not worth anything until you actually sell them. Do you honestly believe that if TMAR decided to sell the GOM fleet they could get anywhere near the "asset value"?

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