Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Your Highness who wrote (622)	7/30/1998 3:02:00 PM
From: Grommit	Read Replies (1) \| Respond to of 1153

How can these idiots expect .32 (almost 1/2 of this quarter) in the quarter ending 9/98? They may not be as dumb as we look. Utilization rates for HMAR are down from 80% in Q2 to 60% today! Check the HMAR thread for the conf call notes if you like. HMAR made .55 in the qtr and essentially said to expect .62 for the balance of the year. HMAR has less percentage exposure to GOM than TMAR. PS - They also mentioned that gas exploration and production is down and that gas storage is 25% ahead of last year.

To: Your Highness who wrote (622)	7/31/1998 6:08:00 AM
From: Robert T. Quasius	Read Replies (2) \| Respond to of 1153

Here's a link to HMAR conference call notes. Check it out! Message 5361899

To: Your Highness who wrote (622)	8/1/1998 6:36:00 PM
From: steve goldman	Read Replies (1) \| Respond to of 1153

Your statement contains the answer...these 'idiots'. Wall Street does what it want. It takes things to extremes. When it doesnt like you it doesnt do it smoothly or with any linearity...they kill you. RIght now, anything relating to oil is taking it on the chin. From a value standpoint, if TMAR can continue to perform in a bad pricing environment, then they should be able to do even better when and if oil recovers. IN a market absolutely overwhelmed with overvalued companies difficult to purchase, TMAR is very attractive. I have been buying it for a few months and will continue to do so. REgards, Steve