Thanks, Don. That's the kind of answer I was hoping for the first time around.
Regarding #2: Not impressed. Three million shares are held by insiders, two of them register to sell 17,000 shares after a 162% run-up, and that's a reason to short the stock? Also, the "insiders" who registered aren't company officers, i.e., the Chairman, President, CFO and the VP's still appear to be holding on. Hell, looks practically bullish to me.
#3: Yeah, I wish the company could fund its growth internally, but just because it can't doesn't make want to go short. Plenty of successful companies have floated secondary offerings.
#3 (part 2): When a stock goes up, short interest goes up with it, especially when the PE reaches 700. Hell, all my favorite stocks have a high short interest. Don't think much about it, but guess I'd have to say that I consider it a strong contrary indicator.
#4: Now this one I'm interested in. I guess you don't believe the $600 billion Y2K figures. I'm certainly no software expert, so I have to rely on others for information regarding the size of the Y2K market and the usefulness of Seec's products. Do you have some expertise in this area, or are you just stumbling around in the dark like me, and you happened to have arrived at a different conclusion?
Regarding Seec's products and business strategies: Do you really know anything about them, or are you just making assumptions? Here's a description that seems pretty compelling to me, from a source that I have a great deal of respect for:
techstocks.com
If you know something that contradicts this assessment, I'd love to hear it, especially if you're a software geek.
In any case, thanks for taking the time to respond, and I take back the Attention Deficit Disorder comment, although it still applies to phbolton. |
