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

To: Paul Senior who wrote (174)	12/23/1998 9:03:00 AM
From: Robert Floyd	Respond to of 201

I've reduced my position considerably.

To: Paul Senior who wrote (174)	1/8/1999 6:24:00 PM
From: Circle	Read Replies (1) \| Respond to of 201

I have been adding. Bankruptcy? Are you kidding? This company will probably throw off about $1.50/share in cash in 1999. Do you realize the level of this company's book value and liquidation value per share? By the way, the weather in the Gulf in the 4th quarter was nice. So we will likely see some reversal of the weather-related problems of the 3rd quarter in the Q4 numbers, especially a reduction in that $35 million in contracts and accounts receivable.