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

To: D.J.Smyth who wrote (694)	8/21/1998 12:32:00 PM
From: Gameboy	Read Replies (2) \| Respond to of 1153

"what are the sellers thinking? really." (If someone would tell me how to italicize, I'd sure appreciate it). When the market is down over 200 points and TMAR is selling below a PER of 4, I bet most sellers are selling because they have, too. Fund managers are 'puking' up stocks because they're over-invested and stockholders are short on cash. I've been buying incrementally - more at 8 5/8. How low is this headed? It's already off my credibility chart - can't begin to make sense of it. These low stock prices are a direct result OPEC's miscalculation and the resultant drop in oil prices. Fortunately, as bad as we're hurting, its nothing compared to the problems they've caused themselves. With the right news, looming in the imminent future, TMAR could easily bolt as much as 50% in a few days. My humble opinion, of course. Best of luck, Steve