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Non-Tech : Hvide Marine HMAR - High Growth, Undervalued -- Ignore unavailable to you. Want to Upgrade?


To: Douglas A. Sevy who wrote (76)12/3/1997 7:29:00 PM
From: bocaburgerman  Read Replies (1) | Respond to of 547
 
Hi Everyone,
A tidbit I found. Looking forward to more good news.

Hvide Marine To Christen First Ship Docking Module(TM)

PR Newswire, Wednesday, December 03, 1997 at 17:53

FORT LAUDERDALE, Fla., Dec. 3 /PRNewswire/ -- Hvide Marine Incorporated
(NASDAQ:HMAR) will christen the first of its revolutionary Ship Docking
Module(TM) tractor tugs, the SDM(TM) New River, on Thursday, December 4 at
Port Everglades, Florida. The ceremony will take place at 11:30 a.m. at Berth
22 in Port Everglades. Emilie Shaw, the wife of Congressman E. Clay Shaw of
Fort Lauderdale, will be the vessel's sponsor.
Built by Halter Marine at a cost of approximately $4.75 million, the
SDM(TM) is the first major breakthrough in tugboat design in 100 years. It is
the first vessel of its kind that can generate 100% of its power in any
direction -- forward, backward or sideways -- making it exceptionally
maneuverable and ideally suited for docking ships in confined areas like Port
Everglades. Because of its rounded shape and 50-foot beam, the 4,000-
horsepower SDM(TM) has been likened to a "floating saucer." The SDM's(TM)
twin Z-drives are set fore and aft and offset from center. Capable of
rotating 360 degrees, they give the SDM(TM) its exceptional maneuverability
and power, which in turn makes for lower operating costs, since the SDM(TM)
only requires a two-person crew. The Z-drives on the New River are shielded
in specially designed "manatee guards" to protect against harming the gentle
sea cows which frequent the waters in and around Port Everglades on a seasonal
basis.
The New River is the first of three SDMs(TM) on order from Halter Marine.
Following her christening, she will be assigned to Hvide's Port Everglades
Towing division. The second and third SDMs(TM), due out in the first six
months of 1998, will likely be based in Mobile Bay, Alabama and/or Tampa,
Florida, where Hvide has its Mobile Bay Towing and Tampa Bay Towing divisions.
The vessels are named after rivers in Florida and are meant to remind boaters
of the environmental importance of these precious natural resources.
Video footage of the New River is available from Medialink (972-774-0200)
and can be accessed from 1:30 pm - 1:45 pm EST on Thursday, December 4. The
satellite coordinates are: C-Band, Galaxy 9, Transponder 1, Audio at 6.2 and
6.8 Mhz.
Based in Port Everglades, Florida, Hvide Marine currently operates a fleet
of 217 vessels in two core businesses:

-- Marine Support Services (186 vessels), primarily in the offshore energy
industry, in which Hvide's Seabulk Offshore, Ltd. subsidiary is the third
largest operator of supply and crew boats in the Gulf of Mexico, and Seabulk
Offshore International is the largest independent operator in the Arabian
Gulf; and offshore and harbor towing, which includes Tampa Bay Towing, Port
Everglades Towing, Mobile Bay Towing and Port Canaveral Towing; and

-- Marine Transportation Services (31 vessels), in which Hvide is a leader
in the domestic chemical transportation trade and has a significant position
in petroleum product transportation.

Hvide Marine (pronounced "VEE-dah") is an international marine support and
transportation services company providing benchmark quality service to its
customers based on innovative technology, the highest safety standards, modern
efficient equipment and dedicated, professional employees.

SPECIFICATIONS - SHIP DOCKING MODULE (SDM(TM))

Description: Twin Z-drive propulsion, diesel-powered, double-ended
tractor tug, outfitted for ship handling.

Length: 90'

Breadth: 50'

Design Draft: 16'

Gross Tonnage: Less than 200

Horsepower: 4,000

Engines: Twin Caterpillar 3516B diesels

Z-Drives: Ulstein Model 1650H fixed pitch with specially contoured
manatee guards

Winch: Markey Type DYSF-39 Hawser Hydraulic Winch with Spectra
tow line

Bollard Pull: 115,000 lbs. (estimated) in all directions

Firefighting: One 3,000 gpm firepump

Foam Tank
(firefighting): 1,235 gallons

Classification: ABS

SOURCE Hvide Marine Incorporated
-0- 12/3/97
/CONTACT: Jack O'Connell, Corporate Communications, Hvide Marine,
954-524-4200, x 224/
/Company News On-Call: prnewswire.com or fax,
800-758-5804, extension 114285/

Companies or Securities discussed in this article:
Symbol Name
NASDAQ:HMAR Hvide Marine Inc Cl A



To: Douglas A. Sevy who wrote (76)12/9/1997 8:26:00 PM
From: hpeace  Read Replies (1) | Respond to of 547
 
doug, the article you posted indicated IDC said that hp grew 80%..
but, the IDC report shows that HP grew 60+% not 80%.
it also indicates that the high % growth was bec. of a bad 3q96..
you can see that in the table they posted that showed very low 3q96.
from 2q97 to 3q97 hp grew only 128k units for 13.6% qtr to qtr
from 2q97 to 3q97 cpq grew 565k units for 26% qtr to qtr growth

So, cpq actually dwarfed hp's growth.

here's the retail side in oct 97
Sub-$1,000s Continue Market Infiltration

(12/ 9/97; 5:00 PM EST)
By Roger C. Lanctot, Computer Retail Week

In less than a year, sub-$1,000 systems have gobbled up more than 41 percent
of the retail market. And they show no signs of slowing, according to retail sales
data from Intelect ASW Marketing Services. PCs selling for less than $1,000
accounted for 41 percent of retail desktop computer sales in October, nearly
double the 20 percent of sales during October 1996.

For the third quarter this year, the category grabbed 33 percent of desktop sales
at retail. Sub-$1,000 PCs were at 28 percent of sales in the second quarter and
21 percent in the first quarter this year. In the fourth quarter of 1996, the class
garnered just 12 percent of desktop sales, according to Intelect ASW.

"It's a simple decision for suppliers as to whether they want to pursue volume or
profits," said Elissa Sandler, vice president at Intelect ASW.

More than half of Compaq's retail PC sales came from systems priced at less
than $1,000 in October (52 percent) and for the third quarter (53 percent).
Those percentages represent huge increases in share from 17 percent in 2Q
1997, 8 percent in 1Q, and 2 percent in 4Q 1996.

Packard Bell has also picked up the sub-$1,000 pace with 48 percent of the
company's retail PC sales in October coming from systems in that price range.
That figure is up from 28 percent in the third quarter, 38 percent in Q2, 30
percent in Q1, and 7 percent in Q4 1996.

Hewlett-Packard is the latest player to throw its hat into the sub-$1,000 ring
with 33 percent of the company's retail PC sales in October coming from that
price range. Prior to October, Palo Alto, Calif.-based HP never saw more than 7
percent of its retail PC sales coming from sub-$1,000 systems.

IBM remained on the sidelines in October, one month before the company's first
$999 retail PC began appearing in stores. Only 6 percent of IBM retail PC sales
come from sub-$1,000 systems.

The net result of the aggressive price moves is that Compaq showed an 86
percent increase in October unit sales in the retail channel compared to October
1996 and once again finished as the top supplier of PCs to the retail channel.
Packard Bell saw an 11 percent increase vs. the year-ago period and finished
the month in second place. HP reinforced its third-place standing with an 85
percent increase in unit sales, while Toshiba, Acer, and IBM all saw sales
declines relative to the year-ago month.