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Gold/Mining/Energy : Trico Marine Services (TMAR) -- Ignore unavailable to you. Want to Upgrade?

To: jad who wrote (16)	2/19/1998 9:12:00 AM
From: Emec	Read Replies (1) \| Respond to of 1153

Good news on briefing.com this morning. Oilfield Services/Drilling: Sector experienced a late day surge on Wednesday as oil prices rallied on news an OPEC minister was proposing plan for member countries to cut back production. This morning, Morgan Stanley making bullish statements on several names. Believes that oil prices should start to make a move higher over next several months. Firm specifically bullish on BHI, CAM, EVI and SLB. This should further help TMAR stock price.

To: jad who wrote (16)	2/19/1998 10:20:00 AM
From: Don Westermeyer	Read Replies (2) \| Respond to of 1153

Joe, I'd hardly call it a 'glut' of new boats. A TDW exec made an on-the-cuff remark a few weeks ago about an increase in supply vessels that may happen later in the year and the pressure it will put on day rates. That caused part of the latest plunge. OTOH not very many other people seem to be that worried about it so it seems this is over-blown. Even with NO growth at all a P/E of 10 is twice the return one can get with bonds. I suppose in the very worst case the stock gets cut in half again to its book value but this stock would be hurt a lot less than most. Listen to the conference call at 888-888-9538. Things were pretty up beat.