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Technology Stocks : Seac - Seachange New IPO
SEAC 3.350-4.6%Oct 22 10:15 AM EST

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To: Pei-Hwa Ho who wrote (2)11/18/1996 9:10:00 PM
From: Evan Dimmer   of 431
 
I'm in at 19.5, which was too good to be true, but so was 17 5/8!!!

Bid/Ask for Tuesday looks good, and it looks like another positive day for SeaChange.

Mon-17 5/8
Tue-18
Wed-21 3/8
Thu-24 1/4
Fri-25 1/2
Mon-26

Bid/Ask is 26 1/8 : 26 1/2

Looks like another great day tomorrow and the rest of the week.
When you look at the P/E ratio, you have to look to see how fast the company is growing and if the company grows faster than the P/E, than it is a good buy. Right now, I believe that the earnings grow about 300% per year. With that kind of growth, this is still a good buy at these levels.

ED
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