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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Thean who wrote (8159)	1/14/1998 11:30:00 PM
From: Evan Dimmer	Read Replies (1) \| Respond to of 95453

What about TCMS? TCMS has gone down ever since its IPO. At the price it is at now, it is below the book value that Yahoo lists of $12.60, closing down .375 today at $10.125. Its 52-week high is 28.875, and its 52-week low is 8.8125. TCMS is a provider of transition zone marine constr-uction services, including pipeline installation and repair, hydrostatic testing and commissioning of pipelines and fabr-ication/refurbishment of components for offshore platforms and drilling rigs. For the nine months ended 9/97, revenues rose 57% to $86.9 million. Pro forma net income totalled $4.2 million, up from $544 thousand. Results reflect increased pipeline construction activity at Woodson and HBH. It reported Q3 net income up 633% to $.24 from $.03, and has nine month earnings of $.45 vs $.06. biz.yahoo.com It is currently ranked a "BUY" by Johnson Rice and Jefferies & Co. Please comment, and add more info if you have it. Thanks, Ed