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Gold/Mining/Energy : Trico Marine Services (TMAR)
TMAR 22.52+0.2%Nov 3 9:47 AM EST

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To: JZGalt who wrote (1010)1/21/1999 11:53:00 AM
From: D.J.Smyth  Read Replies (1) of 1153
 
<<Who would buy them? Their competitors are in the same boat being cash strapped and scrambling to meet cash flow. TDW might be a possibility, but they are exactly stepping up to the plate.>>

TDW/TMAR purchase would possibly be subject to anti-trust according to TDW. Together they'd control more than 70% of the shipping in the gulf. ESV would be a better buying candidate with $280 million in cash and being diversified. The larger stockholders (the banks and mutuals) could force a positive decision on a "hostile" takeover.
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