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Technology Stocks : Seeq Technology Coming Back....
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To: ivan solotaroff who wrote (1409)11/20/1997 4:20:00 PM
From: stockaholic  Read Replies (3) of 2127
 
The only reason I can see to be a little cautious is the
competition.However, SEEQ has relationships , design, and more
importantly as supplier to many of the big networking co's.
The orders may be eratic, but I think the demand is going to be strong into the year 2000 for products SEEQ makes, and
margins should be good for a few years .
SEEQ, like many low priced stocks with historically eratic earnings has been prone to spiking .
What price should SEEQ be at this point in time?
I guess around 4 - 4.5, so it is on the low side now.
Seeq has only recently begun its turnaround and restructuring.
In the past SEEQ has not been PR friendly, and the lone analyst
doesn't impress me at all;they very rarely do (with these small
companies,atleast this has been my experience)
I am still very upbeat for 98 .
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