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

To: Keith J who wrote (603)	7/28/1998 1:29:00 PM
From: Grommit	Read Replies (1) \| Respond to of 1153

I only come up with about a net $4.1 million reduction in after tax income My $9 million was operating income -- before tax. I was just trying to get in the ballpark and respond to this. We mathematically got there, didn't we. Just took a minute. Even if you use a day rate of $6000 you CANT MATHEMATICALLY arrive at his earnings projections. You'd need to use $4400 day rates in the gulf and $8900 in the North Sea...why not use actual numbers and not your hyperbole Show me your calculation, Darrell. PS - Dayrates are already at $6000, according to TDW cc. I suspect (speculation) that drydocking are up cause the boats are tied up anyway.