Seac - Seachange New IPO Message Board

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Technology Stocks : Seac - Seachange New IPO

SEAC 3.350

+1.8%

Oct 22 10:15 AM EST

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To: answer man who wrote (23)	5/3/1997 9:22:00 AM
From: RMP	of 431

May issue of Individual Investor has a very positive write up on SEAC and says that current price provides a buying opportunity. The article says that Tele-Communications Inc., the country's largest cable operator, which accounts for 38% of Seachange's sales in 1996, is partly to blame. TCI spooked the industry when it announced it will curtail spending. Other cable operators are cutting back, as well, and that could affect SEAC's revenues and earnings in 1997. Even so, John Tinker, analyst at Montgomery securities thinks that the company can increase earnings 50% to 6.8 million, or $0.53 a share, in 1997.

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