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TransCoastal Marine

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Jerry

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Aug 6, 1999, 3:00:00 AM8/6/99
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Offshore oil Service Stocks on the Rise

Check out an obsure company trading on NASDAQ under symbol TCMS
TransCoastal Marine Services, Inc. , is a marine  construction company.
 Our primary lines of  operations are Pipeline  and Marine services, and
 Fabrication and Offshore  services.  Our Pipeline and Marine  Group performs pipeline installation and repair  from 800 feet of water
 through the transition  zone to points on land.
 For all water depths and  on land, the company  performs these and
 additional pipeline  services, including  hydrostatic testing and
 commissioning. The  company operates a  construction fleet that
 includes four anchored  pipelay and bury barges,  nine spud barges, two
 marsh pipelay spreads,  four land-based pipelay  spreads, three
 multipurpose vessels, and  two jack-up work  platforms.

TCMS is selling at 1/3 book value @ $4.5 and is under steady accumulation.  With oil above $20/barrel this stock could test $10 is short-term!!!

Jerry

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Aug 6, 1999, 3:00:00 AM8/6/99
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TCMS is selling at 1/3 book value @ $4.5 and is under steady accumulation.  With oild above $20/barrel this stock could test $10 is short-term!!!

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