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

To: Stephen M. DeMoss who wrote (223)	1/31/1998 1:47:00 PM
From: Daniel M. Whipple	Read Replies (1) \| Respond to of 547

Stephen, I own TMAR . This whole downward move in price has really wreaked havoc in my portfolio. It just occurred to me this morning, that TMAR's attempt to play down new boats coming on to market, they have created a new fear: 1) % of fleet will not be earning revenues in the future due to major renovations or retirement of older vessels (avg age 18 yrs.) 2) The companies may have paid too much for the vessels they have acquired from other firms. Your thoughts, Daniel