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Technology Stocks : SEER, Seer Tecnologies
SEER 1.8400.0%Dec 26 9:30 AM EST

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To: John Posatiere who wrote (16)10/28/1997 2:02:00 AM
From: John Posatiere   of 36
 
John, I don't put much stock in pe ratios and never will. I mentioned eps. When I buy into a stock I look at many fundamental factors, and since I am a social pychologist, I also tend to look at the dynamics surrounding the stock as well. In this situation I se a company that has potential once again, but I also see that the reason for a 2 11/16 drop today is because there were more traders than investors behind the recent rise. If this recent price was built on fundamentals then there likely would have not been such a great drop as there was. I think there is definitiely a buying opportunity coming, and since I am a trader I will jump in soon. As an investor however, I will wait to see another earnings report or two before going long. As the recent press release states "..1998 will be a critical year of transition".
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