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Technology Stocks : 7th Level

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To: steve walsh who wrote (232)4/16/1997 2:00:00 PM
From: Eric Freeman   of 1019
 
Steve: look at a list of the major software guys today IE. ERTS excellent company - winning titles etc.- trading near its 52 W Low. The things which makes SEVL interesting: the potential to turn its current technology into cash flow, new management looking to cut costs and increase sales, products in the pipeline, already trading near lows. If they do it right, I think we win. We are, I believe looking at a classic situation here, where new management can do the job. However the current market is not helping. When? (if?)My bet for whatever it is worth- Late May or June before real action. Nice if sooner, but market will have to help. I do not discount a possible merger or takeover either, based on the fundamentals of this sector within the general software grouping.
Still a good bet in my opinion - but will test the hardiest of souls.
Eric
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