Superior Energy Services-SESI Message Board

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Microcap & Penny Stocks : Superior Energy Services-SESI

SESI 0.0001000

0.0%

Mar 7 3:00 PM EST

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To: nick nelson who wrote (462)	4/21/1999 1:19:00 AM
From: nick nelson	Read Replies (1) of 522

Is SESI management GIVING the company away again?? How could management ever get existing SESI shareholders to agree, or even think they would go along, unless the merger is immediately accretive to present share holder's bottom line? The merger would explain why, in the past few weeks, there has been covert accumulation of SESI shares - seen only on T&S... insider accumulation by First Reserve Corporation? SESI management just gave the company, and 51% shareholder control, to Cardinal for $45,000,000. Mr Hall keeps his job in the new company... why does he care what the old SESI 49% shareholders want? n

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