This strange creature, nicknamed the Octosquid, was captured last week off the Big Island's Keahole Point. It has eight tentacles and an octopus head, but with a squidlike mantle. It was caught in a pipeline belonging to the Natural Energy Laboratory of Hawaii. The pipeline, 3000 feet deep, gathers deep sea water for the Scienceand Technology Park in Kailua-Kona. The ocean floor is mysterious as the surface of the Moon. At that depth live many strange life forms humans know nothing about.