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To: articwarrior who wrote (34759)1/11/1999 4:25:00 PM
From: Circle  Respond to of 95453
 
Is TCMS unbelievable value at these levels or what?

3X cash flows. 30% of book.

From what I hear, marine construction activity in the Gulf hasn't abated much at all despite lower oil prices, and that the weather in the fourth quarter was better than usual. People don't seem to realize that a lot of the work is gas-related anyway.