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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: RGinPG who wrote (21695)	5/8/1998 10:20:00 AM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

HMAR / Hvide is sure looking good in the Boat/Fab/Marine sector... a quick link to my favorite ''pre-morning cofffee'' site shows nice technicals; rgdoczzz.home.texas.net A question for the more experienced here: Am I correct in viewing the Boat sector as the best hedge against continued depression of oil prices; as opposed to other service sectors and drillers? TDW looks like a no-brainer bargain, near 2 year lows, PE sub-10, debt free and tons of cash. HLX showing good numbers, backlog of contracts exceed last years total revenues and new joint venture in China bodes well for continued growth in profitable International markets. HMAR is looking particularly strong; has a huge backlog of contracts including a major venture with New Port News Shipbuilding & their Double Eagle Tanker program. They have an exciting new patented Tug design coming online and have a virtual lock on the ''Jones Act'' coastal trade niche. Earnings were up 57% and revenues doubled with major increases in their International markets which reflects the payoff of their strategic planning with dynamic growth potential in Asia. These guys are not just sitting on their duffs complaining about the over-supply in the Gulf region... They have several state of the art newbuilds entering service over the next two years that will receive premium rates and utilization; boding well for continued earnings growth.