If you want to dream a little, SEI hit a high of 47 15/16 on 10/31/97 at the peak of the last cycle.
Since then the company has spent over $300 million expanding their seismic data base.
In May of this year the company bought back 679,700 shares of stock for an average cost of $9.25 a share along with the following officers and directors:
9-Dec-99 LAWI, DAVID S Director 14,973 SEI Purchased at $6.18/Share. Cost of $92,533.
9-Dec-99 PEARLMAN, HERBERT M Director 15,638 SEI Purchased at $6.18/Share. Cost of $96,643.
17-Nov-99 STIEGLITZ, JOHN Director 1,000 SEI Purchased at $6.50/Share. Cost of $6,500.
9-Nov-99 ZEIDMAN, FRED S Director 200 SEI Purchased at $6.25/Share. Cost of $1,250.
9-Nov-99 LAWI, DAVID S Director 25,134 SEI Purchased at $6.13/Share. Cost of $154,071.
9-Nov-99 PEARLMAN, HERBERT M Director 25,948 SEI Purchased at $6.13/Share. Cost of $159,061.
8-Nov-99 CALVERT, HORACE A Director 15,000 SEI Purchased at $6.25 -- $6.50/Share. Cost of $95,522.
8-Nov-99 CRAIG, WALTER M JR Director 1,100 SEI Purchased at $6.00/Share. Cost of $6,600.
I think it will be a home run.
Jim |
