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To: equityanalyst who wrote (9498)	5/1/2001 3:01:26 PM
From: James Strauss	Respond to of 10081

Thanks EA... This is just beginning to get interesting... : > Jim

To: equityanalyst who wrote (9498)	5/1/2001 8:04:14 PM
From: Kurthend	Read Replies (3) \| Respond to of 10081

EA and Seconds Out, I guess SM was forced out. The only thing that comes to my mind is that there were some mighty upset institutional investors involved with this latest financing. Some institution (s) bought approximately $13 million from the round of financing announced last September timeframe. I believe they bought at prices ranging from the very low $3 range to mid $1 range (I am too lazy to go back and read all the filings to give you an exact dollar amount). Along comes this lousy $2 million dollar financing deal with Revere where they, Revere, have a 60 day trading window to set the price. Then the price plunges below $1 which institutions really don't care for as they usually have to dump those shares. Bottom line is that some institutions were royally screwed in the last few months due to the price drop and Revere financing deal. Institutions (or whoever) really don't like to see the value of their investments drop by 60% or more in a period of months when they lend money to a company. To reiterate, I think these institutions could very well be behind SM's departure as the Chairman of the BOD and possibly even his departure as CEO. Apparently the market's reaction to his departure was seen in today's stock price. Take care, Kurt