SEER, Seer Tecnologies Message Board

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Technology Stocks : SEER, Seer Tecnologies

SEER 1.820

-1.1%

Dec 29 3:58 PM EST

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To: Ed Newman who wrote (6)	9/29/1997 2:01:00 PM
From: Walter High	of 36

Fellow SEER colleagues: Seems this thread is a little thin. Anyone have any hard information to put forth? I am located in the Research Triangle, so at least I am somewhat tuned into local news about SEER and can get to its annual meeting. A little background: I bought SEER when it first came out, hoping to catch an IPO flyer. Didn't work. Bought in at 21 and ended up selling at 19 when it failed to take off. Good thing I did as it subsequently tanked all the way down to 4 or so. I am now back in at 6.0625 as I bought on a recent run-up after good news. My take is that the new CEO really has a good handle on what needs to be done and is turning the company around. He seems to be positioning it well to compete and is trying to reduce the reliance on IBM as its major customer. I think the company needs about two more quarters of good earnings progress before it will really take off. I assume it can climb back to 15-20 if it demonstrates the potential it seemed to have when it was an IPO. I am no expert in this field, just an interested investor. I can monitor the local news and pass anything on. Any comments? Seems to be only four other people who have posted to this thread so far. Walter High

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