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


To: Thomas C. Donald who wrote (229)2/1/1998 12:06:00 AM
From: Thomas C. Donald  Respond to of 547
 
Does anyone have any ideas regarding the value of the patent HMAR has received on its Ship Docking Module (SDM)? Is it possible that this might give HMAR a significant competitive edge in certain markets?

SDM news release:
prnewswire.com

Hvide home page:
hvide.com



To: Thomas C. Donald who wrote (229)2/1/1998 8:42:00 AM
From: John S. Sturges  Read Replies (4) | Respond to of 547
 
I am at CIBC Oppenheimer. The analyst is good. The convertible is part of HMAR's capitalization. Personally we still like the value but the earnings will be weaker going foreward and they needed high confidence in the stock price to undertake their expansion plans. They have just lost this. It will be very difficult for them to double their business in '98 without acquisitions and they need a stock over $30shr and climbing to do this. Thus a downgrade. Best regards, John