Trico Marine Services (TMAR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

TMAR 22.47

+0.3%

2:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: D.J.Smyth who wrote (951)	10/29/1998 9:47:00 AM
From: JZGalt	Read Replies (1) of 1153

I agree. They do have a different approach than TDW. From an outside viewpoint it looks like TDW is trying to drive the smaller players out of business so they can buy their boats on the cheap. Perhaps this is a backhand way of upgrading their fleet. TMAR's approach is to upgrade their fleet to operate in deeper water and to use the lull in the GOM to make sure they are ready to handle any upturn in the industry and this approach hasn't changed in the past year. Long term, I think TMAR's approach is correct assuming you don't bleed to death waiting for the upturn. As far as the stock going to $17 ala your friends projection, I'd feel a whole lot better if I saw some insider buying at these depressed levels from the senior people who sold the shares at $22 in the summer. Show me the money! (or at least show me insiders buying the stock) ;-)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next