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

To: Douglas V. Fant who wrote (241)	4/9/1998 12:07:00 AM
From: Don Westermeyer	Read Replies (1) \| Respond to of 1153

Doug, The volume was light. I don't read too much into the TA stuff, but there was a sell signal a few days ago. I sold a bunch of Apr 22.5 calls short, so I guess I don't need to worry about the stock getting called next week!

To: Douglas V. Fant who wrote (241)	4/9/1998 1:11:00 PM
From: nick nelson	Read Replies (3) \| Respond to of 1153

40% upside verses 20% downside... all within 4 months. TMAR earned 0.61 cents last quarter with only 1 month of Saevik revenue in the winter month of December. TMAR will report a MINIMUM of 0.60 cents next week with a full 3 months of Saevik earnings and a mild winter. TMAR's North Sea oil operations are on a long-term basis and a short downswing in oil prices will not cause a North Sea activity pull-back... we are headed into the best weather of the year. 70% of the US Gulf oil service is in natural gas... not just oil. TMAR has NOT slowed down in the Gulf servicing natural gas and oil rigs. If the price of oil goes too low (which it is NOT!), TMAR gets paid anyway for decommissioning and cleanup activities... which is NOT happening. The Brazilian contracts are long term,. 3 to 5 years... Brazil wants to develop their own oil, not be dependent on world supply, and TMAR is a long-term player in Brazilian oil plans. This company will be a $100 a share by 2000... a 40% appreciation by August, 1998. There are dozens of money managers that would die for a 40% portfolio increase in 3-4 months.... TMAR will not be a much better buy. If Wall Street spin-doctors want to throw money at the Yahoo's of the world at +$100 a share on 0.08+ cents earning.... buy MORE TMAR. Will Yahoo be $500 per share in 18 months? They would do 0.70+ cents a share this quarter except for the Bass River incident and the increase in insurance costs. Any other thoughts WHY? they won't do 0.60+ cents this quarter? nick