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Non-Tech : E4L, Inc. (NYSE: ETV)

ETV 14.22

+1.0%

Nov 25 4:00 PM EST

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To: Todd D. Wiener who wrote (118)	4/30/1997 9:47:00 AM
From: Donald A. Kerper	of 1080

Todd, Thanks for all the postings of the various information sources. Safeguard's positioning on the board of directors is pretty interesting. I doubt they would do that if they were going to continue to hold the company. My thought is that they would like to quickly position the company to improve its saleability. Retaining Lehman accentuates my opinion. Don

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