Seac - Seachange New IPO Message Board

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Technology Stocks : Seac - Seachange New IPO

SEAC 3.290

-6.0%

Nov 7 9:30 AM EST

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To: SuiteStock who wrote (53)	9/19/1997 8:35:00 AM
From: kvogel	of 431

SEAC is a true leader in their business and is spending more for IR&D and infrastructure. This is positive going into next year, but current quarter and Fall quarter are slow. Thus, the correction after the company announced this spending. Technically, stock is building a good base around 15 3/4 but I don't expect a breakout in the very near term (Next week or 2). Stock could go a little lower but I expect SEAC to be back to 25 by early next year. I think it's a good buy at these levels (15 3/4- 16) but I don't think waiting a little while will hurt either. If it has a down day to 15 or less I will add to my position which I established at 16. Just my opinion. Karl

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