Mischievous exclamation shouted toward a group of people with the intention of confusing that group, especially any "Steve's" that may be a part of this. Most often said while driving by in a car or some other situation where the person shouting won't have to explain to the group why he was shouting at Steve. Also works with other common names; "Steve" is simply the most fun to say.
Dan (from truck window) - "HEY STEVE!"
Steve - *confused expression* "Who the hell was that?"
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.