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To: jbe who wrote (31832)	11/15/1998 2:08:00 PM
From: Jamey	Respond to of 95453

JBE, The high last Monday on ESV was $15 1/4 and I think at less that Friday's closing price of $12 9/16 puts us in a good position for a 2-3 pop back to the upside on good OPEC news, FED cuts or rise in the crude futures. They also have news that they are buying back 5 million more shares on the market. As far as debt ic concerned, Quicken.com shows their debt ratio at 0.49% which sounds very low to me, considering that they have $293 million dollars in cash assets. That is a huge cash reserve! Good luck to us on ESV. Santiago