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To: SliderOnTheBlack who wrote (35888)1/26/1999 9:59:00 PM
From: Big Dog  Read Replies (2) | Respond to of 95453
 
Halter Marine results showing a loss, softened by a tax credit.

From the press release:

Gross profit margins for the Company's Vessels, Rigs and Engineered Products segments were 9.5%, -4.8% and 16.9%, respectively, for the third quarter.

Re the margin on the rigs, this may be an indication of something amiss? (They said there were cost overruns on two barges -- but I don't know if these barges are considered rigs or vessels.)

This is further evidence of the market leadership of FGI. In this tight-money environment which yard would you chose -- one that has a negative margin on rigs, or one that seems to have demonstrated efficient management.

Maybe Halter will get its problems ironed out and get back in the black. I hope so.

big
loosbrock.com



To: SliderOnTheBlack who wrote (35888)1/27/1999 10:55:00 AM
From: Roebear  Respond to of 95453
 
Hi Slider,
Dan was covered by ValuLine, I like what I saw so I followed them. I missed most of their run ups, can't be everywhere at once doggone it!
Anyway, I like their looks on the charts especially the last few days.
Got called to a meeting this morning so my research is still ongoing. Thanks very much for the read.
btw I think they are a very solid company.

Stuff (silver, oil) is a trifle crazy this morning!

Later,



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