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Non-Tech : TCMS - Transcoastal Marine -- Ignore unavailable to you. Want to Upgrade?

To: 007 who wrote (97)	5/8/1998 12:28:00 PM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 201

Has anyone seen a better value stock with 50% growth than TCMS? I'm mystifyed as to why this stock has not exploded. Even with aggressive value applied to goodwill, this is selling at a price/book bargain and is still selling at less than 1 times sales !! I think the ill-timing of the IPO last fall, right before the oil crash; could not have been more poorly timed from an investor standpoint. Maybe a few fund managers lost big money fast on this one @ years end when their numbers are so important. I can only think that Institutional buyers had a bad taste left in their mouths on this one. It was NOT a reflection on the company but merely and industry-wide fall. Bad Timing... The fundamental story of this company and its growth going forward with strong earnings outlook; made this my largest individual holding. I'm still as bullish as ever - just need to be patient. My other top small cap pick - OMNI looks like it finally got discovered... Investor's Business Daily had OMNI on 2 lists of top growth companies this week. 1100% increase in earnings and 238% sales increase with 5 year projected growth above 20% and earnings expected to double in 1998.... exceeded normal volume in the first hour today, up $ 1 1/16 to $15 1/2 .... now if only TCMS can get some press...