win32: 'Tailing' the NT event log using pipes?

[lebo]

Hi List

I want to effectively 'tail' the NT event log - i.e. when a new event
arrives in the log, parse it and decide whether to take an action.

The track I've gone down is to create an event, and use event notify
change; code snippet.....

win32event.CreateEvent(.....)
win32evtlog.NotfiyChangeEventLog(...)

This works, but I can't get the very last (newest) record from the
event log.

Is it possible to open a named pipe to the event log.  If so, how? 
This is new groud to me and examples or ways to do this would be
appreciated.

Thanks, Leonard