http://news.yahoo.com/agency-releases-boaters-recorded-distress-call-212703088.html

The Coast Guard was searching Monday for a husband and wife and two young children who sent a series of distress calls the day before, saying their sailboat was sinking far off the Central California coast and they were fashioning a raft from a cooler and life ring.

The unidentified family had been sailing a small vessel west of Monterey Bay, where strong winds, cold water and big swells made for perilous conditions. Forecasters had issued a weekend advisory warning boaters of rough seas in the area.

The CG thinks they are some 65 miles off shore on a 29 foot sailboat, in cold waters and sinking... not a good situation.