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To: bw who wrote (365)	5/21/1998 10:58:00 AM
From: Thean	Read Replies (2) \| Respond to of 14427

bw, Alex and David, SEV again shows its trading behavior this morning. Similar things happens last time too. The key is there will not be a confirmation of an oil find by the company until probably next week. Therefore traders are taking profit on first sign of no news by the company. I think by the end of the end SEV should be closer to $25 than $23. The $23 intraday support was hit and it turned around on first trial. Similar thing happens in January where SEV shot up from $16 to $30 - look at the chart and see how prices moved before news. Good luck!