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To: Grommit who wrote (24212)6/16/1998 3:40:00 PM
From: Wallace Rivers  Read Replies (1) | Respond to of 95453
 
Grommit or others on this thread...there was somention on HMAR Yahoo thread of low barriers to entry for both HMAR and TMAR biz, also stating that both companies would be in dire straits (both are highly leveraged) if GOM day rates dropped to $4,000 day (which is a LOT lower than we are at now).
Comments anyone?