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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: P.E. Allen who wrote (6031)	2/17/1999 2:49:00 PM
From: Bullhorn	Read Replies (1) \| Respond to of 11130

SEVL Merger News: 7th Level, Inc. (NASDAQ:SEVL - news) and privately-owned STREET Technologies, Inc. today announced they will combine to form a powerful high-tech multimedia corporate training and communications company. The move boosted 7th Level's share price 6.73%, or $0.22 to $3.47. The new company, called 7th Street, will retain the ticker symbol 'SEVL.' Analyst William Anthony Scovin, of Ladenburg Thalmann, pointed out that since STREET Technologies is a closely held company, putting exact figures on estimates at this time is very difficult. However, he concluded that the merger 'has to be good,' largely due to STREET's 'intelligent' management.