Article: GULF STREAM, COAST GUARD SAVE SINKING SHIP'S CREW THE SCHOONER HAD JUST LEFT NORFOLK, AND FOUNDERED OFF CAPE HATTERAS.(FRONT)

Byline: JEFFREY S. HAMPTON, CORRESPONDENT

ELIZABETH CITY -- Tears welled in Yale Iverson's eyes as the 58-year-old skipper described the final hours aboard his sinking 125-foot sailing schooner and the rescue of the crew from raging seas off Cape Hatteras.

``It's not a good thing to be in the water in a storm like that under any circumstances,'' Iverson said after he was brought to Elizabeth City by Coast Guard rescuers. ``And a man whose name I still don't know jumped into that water to help people he didn't know.

``And he saved our lives.''

But what really saved their lives was the water temperature. The seven abandoned their ...

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