SEER, Seer Tecnologies Message Board

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Technology Stocks : SEER, Seer Tecnologies

SEER 1.840

0.0%

Dec 26 9:30 AM EST

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To: Walter High who wrote (15)	10/27/1997 6:52:00 PM
From: John Posatiere	Read Replies (2) of 36

I am reading and watching. Since the eps of this company is currently .05, is not the current price actually down to more of a reasonable level ? In fact, based upon earnings, earnings growth rate,and financial performance the current value of this company is around $2.70 per share. The prior high price was simply reflecting expectations, and in this current crisis it is not surprising the price dropped out of the sky since it was based on air rather than fundamentals. The company looks like it is headed back but still is a ways off. But again, pyschology makes 90% of trading doesn't it, so anything could happen with this price in the next couple of days. I am watching closely for entry if it looks to pop up. A possible approach is to put in a limit order well around 5.25-5.50 and hope for a drop to that level with a pop-up for a quick sell.

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