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

To: IrieDiver who wrote (155)	3/24/1998 4:32:00 PM
From: SIer formerly known as Joe B.	Respond to of 1153

I want to hear anything negative as well as positive. I just thought your post was a little unusual for a 1st SI posting.

To: IrieDiver who wrote (155)	3/24/1998 4:57:00 PM
From: Daniel M. Whipple	Respond to of 1153

IrieDiver, If you were looking at the Cash Flow Statement , it does not reflect earnings. Review the Statement Of Operations and Retained Earnings, or the Balance Sheet. At the end of the year, sometimes I clear out my payables or wait till after the new year. Makes no difference on earnings as long as the payables are accounted for as a liability. Trico, which operates in the Oil Industry, should have a very significant accounts receivables due to the fact that most oil companies pay their bills at 90 days. With the increase in day rates year over year increasing , I would expect their receivables to increase proportionally and likewise their payables to increase somewhat (depending who the vendors are). From one of my previous posts, I think someone cried "UNCLE". I see TMAR on the acquisition trail . The stock will gradually inch its way up and by year end will reach an all time high.