Trico Marine Services (TMAR) Message Board

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

TMAR 22.40

-0.5%

Nov 4 9:47 AM EST

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To: TATRADER who wrote (979)	11/18/1998 8:35:00 AM
From: JZGalt	Read Replies (1) of 1153

Guys, give it up on the Michael Price stuff. Price relinquished active management from all public funds more than a year ago. The Franklin Templeton Group funds which he brought into the group might follow some of his tendencies, but they also still own Sunbeam which went from $15 to $50 and now trades below $7. TMAR is cheap on several fundamental benchmarks, but the activity in the Gulf of Mexico related to drilling and drilling activity is terrible. Consequently none of the stocks related to this activity is likely to go anywhere in the near future (with or without Mr. Price). If you can make money trading a stock from $7 to $8, more power to you, but long term investors should wait until the trend in the Gulf becomes a bit more clear IMO.

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