Tejas Securities Group, Inc. Releases an Update on Sterling Chemicals Holdings, Inc.

Apr 04, 2001, 01:00 ET from Tejas Securities Group, Inc.

    AUSTIN, Texas, April 4 /PRNewswire/ -- The following is being issued by
 Tejas Securities Group, Inc. (OTC Bulletin Board:   WSTE):
     On Wednesday, April 04, 2001, Tejas Securities Group, Inc. released an
 update on Sterling Chemicals Holdings, Inc. titled "Down Days For Styrene; End
 Days For Coupons?".  We maintain a HOLD recommendation on the 12 3/8% Senior
 Secured Notes and changing our rating on the 11 1/4% and 11 3/4% Senior
 Subordinated Notes to a SELL.  We maintain our SELL rating on the 13 1/2%
 Senior Secured Discount Notes.
     Tejas Securities Group, Inc. is a full service brokerage and investment-
 banking firm based in Austin, Texas with branch offices in Atlanta, Georgia
 and Houston, Texas.  Tejas is a wholly owned operating subsidiary of Westech
 Capital Corporation (WSTE).  Further information can be obtained by calling
 (800) 846-6803 and speaking with a Tejas account representative.  Information
 about Tejas Securities Group, Inc. and access to research reports can also be
 obtained through our web site at www.tejassec.com.
     For further information, contact Robert Gillette of Tejas Securities
 Group, Inc. at (800) 887-8561.  Tejas Securities Group, Inc. is a member of
 the NASD/SIPC, CRD number 36705.
 
 

SOURCE Tejas Securities Group, Inc.
    AUSTIN, Texas, April 4 /PRNewswire/ -- The following is being issued by
 Tejas Securities Group, Inc. (OTC Bulletin Board:   WSTE):
     On Wednesday, April 04, 2001, Tejas Securities Group, Inc. released an
 update on Sterling Chemicals Holdings, Inc. titled "Down Days For Styrene; End
 Days For Coupons?".  We maintain a HOLD recommendation on the 12 3/8% Senior
 Secured Notes and changing our rating on the 11 1/4% and 11 3/4% Senior
 Subordinated Notes to a SELL.  We maintain our SELL rating on the 13 1/2%
 Senior Secured Discount Notes.
     Tejas Securities Group, Inc. is a full service brokerage and investment-
 banking firm based in Austin, Texas with branch offices in Atlanta, Georgia
 and Houston, Texas.  Tejas is a wholly owned operating subsidiary of Westech
 Capital Corporation (WSTE).  Further information can be obtained by calling
 (800) 846-6803 and speaking with a Tejas account representative.  Information
 about Tejas Securities Group, Inc. and access to research reports can also be
 obtained through our web site at www.tejassec.com.
     For further information, contact Robert Gillette of Tejas Securities
 Group, Inc. at (800) 887-8561.  Tejas Securities Group, Inc. is a member of
 the NASD/SIPC, CRD number 36705.
 
 SOURCE  Tejas Securities Group, Inc.