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To: Broken_Clock who wrote (1088)	7/15/1998 9:38:00 PM
From: Thean	Respond to of 14427

Papaya, I think VTS is a speculative play right now. I don't think this is business related but some heavy duty dudes are dumping VTS deliberately for the last few days. Is this just to create great buying opportunities for themselves and others? Weirder things have happened. I saw the chart and read some of the posts on Yahoo. The halt in trading took place when VTS was slightly above $36 before noon. When it reopened, and the company did come out and said they were unaware of anything but made the comment of "market related", VTS was at $34. Then it made a low and climbed up to the pre-halt price and it dropped again at close to $35 3/8. If you want to take a chance, I think you may be able to buy it below $36 tomorrow morning irrespective of how other service companies and drillers are doing. My fear is accounting irregularity, which is internal and only the insiders and the auditors know. CD is a recent example of how a stock can do when accounting irregularity happens. Therefore, I'm staying my course and just let the storm blow over this one first. Talking about storm, bw, are you listening? Since you are long term with SEV, have you checked out a cousin play in OIL? Sure you know the OIL story and their board is supposed to meet to discuss the highest bid for a sale of asset. Their stock tanked just like VTS the last few days! Too tempting... An out of the money calls would be more appropriate for OIL. By the way, your SEV story seems to be exactly one day late. The conference was yesterday and the director supposed to be invited by CNBC yesterday. Did I miss anything here? The stock again is poised to move lower but $18 is a support and 17.5 has heavy open interest comes this Friday. Should be very interesting. I would bail and come back in about two weeks. There is not going to be any news out until at least early August. No news = dead money = stock tanks!

To: Broken_Clock who wrote (1088)	7/15/1998 9:44:00 PM
From: NucTrader	Respond to of 14427

Papaya, I don't follow this stock actively but looked it over. Nice looking company, low debt, not many shares outstanding, good book and cash value. Looks oversold and today's action might qualify as a hammer with some imagination. Even OBV is interesting - it's stayed high as the price has been deteriorating, suggesting accumulation. BUT BUT BUT. One of the directors has cleaned out significant # of shares, and it makes me nervous when a stock like this drops big time and the only answer is that the drop is due to the market. Suggests a wildcard to me. Long term chart looks like there might be support around 30. I've been in cash for about 2 weeks now and not particularly tempted by this latest rally. If I did go for a company in the sector, it would be FGII or CDG, not this company.