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Technology Stocks : 7th Level -- Ignore unavailable to you. Want to Upgrade?

To: James M. Bash who wrote (574)	4/1/1998 9:49:00 PM
From: Joe C.	Read Replies (1) \| Respond to of 1019

The price movement has been extremely encouraging the last few days. SEVL has a history of a huge two day surge and a slow drift down. Volume was very strong but not quite the million plus days that its' had. The price gains have been reasonable given the news. From a buy and hold perspective, this is a good thing. I think we still have a little more room on the upside and am hoping we can hold at around two. I think that once the merger and financing goes through and the details are released, the stock price should firm up at these levels if not somewhat higher. Of course, this is pure speculation at this point because their financials are so up in the air. At the minimum, they should have some breathing room to work their magic and dazzle us with their technology. I figure by year end, I'll either have a nice tax loss to offset some gains or a large gain just itching for that LTCG treatment. Joe C.