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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: RMP who wrote (22)4/30/1997 8:06:00 PM
From: answer man   of 431
 
I listened to a tape of the conference call. The call was very upbeat. As I understand it, Morgan Stanley rated seac a hold soon after the ipo on valuation concerns - the stock was at 35. At these levels I can't believe Morgan Stanley won't upgrade seac to a buy. I really don't like the volume in this stock. I'll hold for awhile - through next earnings at least anyway, but the lack of volume after the earnings release was a little disappointing. Later.
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