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Non-Tech : E4L, Inc. (NYSE: ETV)
ETV 13.72-1.5%Nov 20 4:00 PM EST
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To: Willsgarden who wrote (345)1/30/1998 4:38:00 PM
From: John Arnopp  Read Replies (3) of 1080
 
Bill,

I really don't get the NM price moves lately, but perhaps people are finally catching on that the NM:VVTV ratio should be 1:1.19 (assuming the merger is going through), and VVTV was also strong today: up 1/4 at 3-3/4. As for which stock is leading the other and what drives volume, I don;t know. Maybe it's the same thing that drove Safeguard down in the last few minutes...

I still positive for the long (getting longer and longer) term outlook for the new company.

--John
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