Silicon Investor (SI) -- The First Internet Community

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 : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: SargeK who wrote (50828)	9/10/1999 8:40:00 AM
From: JGreg	Read Replies (2) \| Respond to of 95453

Yeah, but nothing is showing for HMARQ. No other quote services except Yahoo have this change.

To: SargeK who wrote (50828)	9/10/1999 9:23:00 AM
From: SargeK	Respond to of 95453

HMARQ Encouraging News Positive comments in the Moody's release: “Hvide opted to not sell core businesses to raise cash at the expense of future up-cycle earnings power, and instead filed bankruptcy.” “Moody's anticipates full recovery on the secured bank facility” “At least temporarily, this would also have postponed the firm's liquidity squeeze. Instead, the $60 million DIP financing arranged in concert with announced bankruptcy proceedings will attempt to do a similar job of bridging Hvide's cash flows until a recovery in the offshore oil services business translates into recovering earnings and cash flow. Hvide believes $60 million will carry it for about six more months before it hopes the energy sector recovery percolates through to its vessel business.” biz.yahoo.com K