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Non-Tech : Wescorp and WFSI -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Lawlor who wrote (12)	3/6/1998 1:48:00 PM
From: Mark Oliver	Read Replies (1) \| Respond to of 56

Absolutely boogles the mind to think how much it would cost to cover 1.5 millions WFSI shorts. That's about 45 days normal volume. It just seems like a totally unsupportable position. Regards, Mark

To: Jeff Lawlor who wrote (12)	3/12/1998 11:32:00 AM
From: Mark Oliver	Read Replies (1) \| Respond to of 56

Jeff, Thanks for your evaluation. It seems like I would add the positive influence of MM's to your list. It could be they see a great opportunity to test the metal of some short sellers. For the brief moment of today and the last few days, I would say the Market Makers have been pushing the price up. They sat the WFSI bid/ask above the last trade for half a day yesterday and in the end they got it. Today, they've pushed the ask up to 13 1/2. We see WES above 20 now. I personally feel these 2 companies have a lot i common and the spread between WES and WFSI is getting greater. I expect that to narrow. Question is which one will have the most pull. With the strength of mortgage and recent consolidations of consumer loans companies like Money Store, I think we'll see WFSI pull up. Regards, Mark