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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: RobbRacer who wrote (18361)3/8/1999 9:37:00 PM
From: AD  Respond to of 122087
 
FROM RAGING BULL: AOL's alliances with other Internet companies continues to give those
shares a healthy pop. The latest concerned 7thStreet.com (SEVL), formerly 7thLevel, which soared 3 27/32 to 8 27/32, on turnover of 28 million, Nasdaq's second most active issue. The shares jumped over 40 percent last Friday on a rumor which later became news after the bell AOL contracted with SEVL to offer its members a range of online tutorials and courses.

Even though this announcement brightened the outlook for long suffering SEVL shareholders, who have seen the price drop to less than 2, joepozzi told TIME in note #370 it was time to take a profit:

"Great Morning," joe exclaimed, "I dumped my 1200 @ 8 that I bought at the bell Friday at 4 23/32. I wish it was this easy all the time. Goodluck!!!!"



To: RobbRacer who wrote (18361)3/9/1999 9:47:00 AM
From: steve goldman  Read Replies (3) | Respond to of 122087
 
My recommendation : Strongly consider waiting on the SEVL.. There is tight squeeze right now. Wait for the squeeze to let up.
I called 5 firms this morning: someone told me Dean Witter had some, nope, that Goldman had some, Nope, Morgan , Nope, then someone said to call XXX..XXX had 5k. Let me put it this way, it didnt come easy. As well, i was cautioned by contra firm that they might need it at any time because they did not have much of it. THey had one hedge fund with a big position which is where theywere getting stock.

We distributed the stock as it comes in. First come first serve.
Again, use the email to get your request in.

Regards,
Steve