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Technology Stocks : Seeq Technology Coming Back....
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To: Joseph Ziebarth who wrote (618)6/21/1997 7:47:00 PM
From: drakemallard   of 2127
 
I have been following this stock for several years, even made 15K off of it when it ran up to $5 a while back... I'm now long and have about 20K shares of this issue, and am under the delusion that this thing is going to hit 8 to 12 by the end of FY98 (hello retirement). I have seen predictions at various financial websites that FY98 earnings will be .30/share, along with a 100 to 140% increase in revenues. Yet the analysts at each of these websites rate this issue at a hold. So why is this stock laying there like a dead trout? I suppose it's hard to predict a company's performance several years down the road when they make the type of products that will become obsolete relatively quickly. To establish any kind of consistant long term success, they have to keep pulling rabbits out of the hat year after year...Any thoughts out there in the ether would be appreciated.
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