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Technology Stocks : SEEC, Inc. (SEEC)

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To: King David who wrote (1016)8/15/2000 9:00:00 AM
From: King David  Read Replies (1) of 1031
 
This is courtesy of the shyest poster on SI ...

Seec just
reported by the way, penny better than expected , q1 fiscal yr 2001 loss
was -.23 , -.24 had been forecasted and furthermore a contract for the
DOD in alliance with sector giant Computer Sciences corp.(CSC) was announced to transform
the mainframe djms system that pays all active and reserve members of the
military. Computer Sciences will use seecs tools and technology to reverse
engineer the mainframe system. E-biz revenue increased by 20% over the last
4th qrt and accounted for substantially all of the current fiscal yr first
qrt revs. Last year the company had no e-biz revenue in the 1st qrt. Ceo
expects a ramping up of revenue growth in 3rd and 4th qrts on the new ebiz
platform and technology. Since we are already in the 2nd qrt today the beginning of that
period of ramping rev growth will occur in about 6 weeks. I predict by then we will be
well on our way to bagging a double for the year on this one.

(name withheld to protect the innocent.
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