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

To: Emec who wrote (80)	3/6/1998 1:58:00 PM
From: Vincent Arthur Trantolo	Read Replies (1) \| Respond to of 1153

It seems as if a lot of the valuation is TMAR is concentrating on earnings. Don't oil service stocks normally trade on cash flows. I am going to take a look at the cash flow numbers to see if TMAR's valuation is reasonable. Based on earnings it looks like a bargain, but that might not be the correct way to value this company. vt

To: Emec who wrote (80)	3/6/1998 11:22:00 PM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 1153

David,, Thanks for the information! Let's see how it goes with the additional boats coming out of dry dock. I had lunch with a friend who works for Racal Co, a Company which hires boats that help with offshore positioning. They are doing fine both in the long-term and short-term charters for vessels.. Not a perfect parallel for an offshore supply vessel company, but still indicative of things in the offshore energy industry.... Sincerely, Doug F.