Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Broken_Clock who wrote (55320)	11/23/1999 6:16:00 PM
From: William JH	Read Replies (1) of 95453

Re: SEI I'm sure you noticed that Paul Frame, CEO of Seitel, has sold more than 250,000 of his shares since June 1 of this year. Now the company is buying back shares in the open market. I traded this stock fairly successfully back when it was between $25 - $35, and remember reading an analyst report that basically said that the insiders at SEI were quite greedy. It ain't gonna happen, but I would like to see a consolidation in E&P land, so there would be fewer corporate insiders sucking the blood out of these companies. JMVHO

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