Fiber mess is could be clutch or park brake. But if it's good when cold, the disc is still functioning and regulator, relief, bad piston seal or number of other things could be wrong. Assuming rest of hyd system is ok, check your pressure to clutch pack. There's a test port at regulayor plate at bottom of trans. I don't have book with me offshore, but seems it should be 420psi or so. If you don't have serv man, they're about 20 bucks on EBay(cheap IT manual, but good enough for most fixes).