Seac - Seachange New IPO Message Board

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Technology Stocks : Seac - Seachange New IPO

SEAC 6.100

0.0%

Dec 5 9:30 AM EST

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To: answer man who wrote (23)	4/30/1997 8:47:00 PM
From: RMP	of 431

The stock is not cheap with a PE around 55 but still may not be a bad buy based on its growth rate. Sometimes analysts that follow stocks recommend them after they have gone up significantly; doing that that makes them look good. I defiantly plan to continue to hold SEAC as long as fundamentals keep improving. Selling would be a possibility if the stock moved up dramatically in a short time. Timing is very difficult and I don't have a great track record in that department. A few years ago I picked up Corrections Corp at about 5 and sold at 14 before the split and a run up to 45. I even got warrants for free that I sold at 8. The warrants went as high as 170. The stock never did go back down to a lower price and I kept watching (with much regret) as it kept moving up

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