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Technology Stocks : Seeq Technology Coming Back....
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To: Mark who wrote (1165)9/23/1997 1:05:00 PM
From: Brad   of 2127
 
Mark, I agree. I think SEEQ is a BUY at this level.

Earnings at .15 for next year X 27 (multiple for Industry) is $4.05 and if you use their present multiple of 49.5, you're looking at a stock that should go to $7.42.

If earnings IMPROVE as I suspect they will, SEEQ should go well over the $10 mark.

Any stock is a risk, but look at their position in their industry.
Sure looks strong to me.

I don't expect the price to stay this low for very long.
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