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


To: JZGalt who wrote (1010)1/3/1999 3:00:00 PM
From: Dave Gore  Respond to of 1153
 
Well, JZ, TMAR may or may not be a big winner in 1999. But with the combination of low PE of 2.5, being near it's 52 week low, and a buyout candidate, at least this stock has the potential on three fronts.

There is also a fourth and fifth sign of good new....extreme cold weather now in the US and some willingness of the Arab countries at least to start working together on limiting oil production.

We'll see...TMAR is a risk, but the reward is there too.




To: JZGalt who wrote (1010)1/21/1999 11:53:00 AM
From: D.J.Smyth  Read Replies (1) | Respond to of 1153
 
<<Who would buy them? Their competitors are in the same boat being cash strapped and scrambling to meet cash flow. TDW might be a possibility, but they are exactly stepping up to the plate.>>

TDW/TMAR purchase would possibly be subject to anti-trust according to TDW. Together they'd control more than 70% of the shipping in the gulf. ESV would be a better buying candidate with $280 million in cash and being diversified. The larger stockholders (the banks and mutuals) could force a positive decision on a "hostile" takeover.