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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (4010)5/7/1998 12:13:00 AM
From: Paul Senior  Read Replies (1) | Respond to of 78476
 
Papaya King: re: TCMS. Looks good but very scary; and I need more info.

What's that book value consist of? Goodwill from the acquisition?
They seem to be primarily pipe layers in the shallow Gulf. Haven't we finished all the laying yet? (after the $45M backlog). There's got to be 50 years of pipe in those waters already -g-. Yahoo shows 2 of 2 analysts with a strong buy (That's part of the scariness -g-). Who are these people in the company? Only 2 years of history, so comparatives (financials) with competitors are important. Where can I get this info?

I better defer now to someone who knows something. Obviously, it's not me -g-.

My opinion is that if you get a positive affirmation on this co. from one or more of the guys on this thread who have posted here regarding the oil drillers, (and who IMO seem to be knowledgeable -or at least articulate), and if some of my questions (concerns) could get answered... then this stock is a buy. And I will follow you in.

Paul Senior



To: Broken_Clock who wrote (4010)6/2/1998 11:15:00 PM
From: Paul Senior  Respond to of 78476
 
Papaya King: re: TCMS. Less risky maybe now at 9.1/4. And maybe worth a small bet. JMO. Paul Senior