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


To: D.J.Smyth who wrote (434)6/12/1998 2:01:00 PM
From: JZGalt  Read Replies (2) | Respond to of 1153
 
I don't think you have to go too deep into the financials, prospects, or the worth of this company to see "value". The problem is the price of oil and we are into 2nd quarter windows dressing. Mutual fund managers who bought the stock in the $20's are selling before they have to show a big loss in TMAR at the end of the quarter. It's dumb, but that's the way the world works.

Michael Price is no longer an active day to day manager. His group owns a position in TMAR and given the style of the fund, I doubt if they have sold any. SEC documents will confirm later.