E4L, Inc. (NYSE: ETV) Message Board

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

ETV 13.90

+1.3%

Nov 21 4:00 PM EST

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To: John Arnopp who wrote (197)	8/8/1997 4:38:00 PM
From: Todd D. Wiener	of 1080

Thanks for the info., John. I guess we'll be able to read the 13G tomorrow. But this is likely only the tip of the iceberg. It's likely that there have been several other "investors" who have been buying the stock. This fellow's recent purchase is what pushed him over the 5% mark. Before that, he didn't have to disclose his stake. I suspect that there are several other groups with 4% stakes. We'll not know who they are until their accumulating of the shares causes them to exceed the 5% level. It looks like the recent heavy volume and the rise from $4 is beginning to bring the "investors" out of the woodwork. Things might start to get interesting as more people disclose their stake. NM doesn't know who all of the other parties are, unless they've been talking with them. sec.gov Todd

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