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Revision History For: SHELLS SEAFOOD RESTAURANTS

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9/11/99
SHELLS SEAFOOD RESTAURANTS HAS BEEN HOOVERING AROUND ITS 52 WEEK LOWS FOR ABOUT A MONTH. DUE MOSTLY BECAUSE OF THE DRAG THE MIDWEST RESTAUANTS HAD ON THE STOCK. IN THE LAST COUPLE OF WEEKS IT HAS BROKEN THROUGH THE 3 DOLLAR RESISTANT LEVEL AND SEEMS TO BE HEADING UP. QUARTERLY'S ARE OUT SOON AND THERE MAY SOME GOOD NEWS ON THE HORIZON AND THAT MAY BE WHY WE ARE SEEING SOME ACTION. ONLY 4 1/2 MILLION SHARES OUTSTANDING AND A PE OF 25, (NOT BAD, WON'T TAKE MUCH EXCITEMENT TO MOVE THIS STOCK, EITHER WAY).
ANY THOUGHTS,
GARY