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

To: JZGalt who wrote (576)	7/21/1998 1:24:00 PM
From: D.J.Smyth	Respond to of 1153

TMAR is selling as if rates are at $4500 a day. new rates for TMAR are still nearly 40% higher than that. TDW stated they're currently averaging $7400 overall; same with TMAR - overall average is above $7000 O'Malley is consistently in the mouth. he wants acquisitions cheap. you're the biggest. you talk down the situation, buy up your competitors cheap, then talk the situation up. this is part of their game. look at their history.

To: JZGalt who wrote (576)	7/23/1998 1:55:00 PM
From: D.J.Smyth	Read Replies (1) \| Respond to of 1153

hmar's up slightly today. seems TDW, as usual, talked themselves into a hole. "we think our stock is a great buy at $32" so they bought 700,000 shares at this price. the CEO is such a dink. "but, heall, we think this market's been on da skids for sum time now, dats wut I says da last time I's talks to y'all, aren't I's smart feller (drove our stock right into da tank dough, don't like dat), dats why we want to buy more dem boats down here, more acquisitions, dats the key dere folks." i guess they'll be buying a million shares at $28? Trico has generally been upbeat even when times are psychologically down.