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Technology Stocks : SEEC, Inc. (SEEC)

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To: Kathy Riley who wrote (77)	3/10/1998 11:18:00 AM
From: Ron Sirch	Read Replies (1) of 1031

Wainwright on the Numbers: << The company continues to receive repeat orders from third-party service providers including IBM, Complete Business Solutions, and offshore factories such as Satyam and PCS. Additionally, SEEC continues to add to its distribution channels, signing up several new providers since the beginning of the (fiscal) third quarter. New relationships include Tata Infotech, India's second largest systems integrator; Intersolve, a U.S. provider of enterprise software and IT services; Unisys UK, which has established a factory around SEEC's technology in Glasgow; and Bedag, a Zurich-based systems integrator. Additionally, SEEC was added to Keane's preferred vendor list during the quarter, a significant addition to the company's distribution network. We agree with the company's perception that service providers are beginning to conclude their technological search for year 2000 solutions and believe that the extensive network of partners that SEEC has established will allow the company to capitalize upon this rapidly growing market. >> A lot of info in that one paragraph. I've talked about SEEC's impressive infrastructure development a number of times. Almost unbelievable, IMO. I've also talked about SEEC's partnerships. At the very least these partnerships provide evidence of an enthusiastic validation the company's technology. The Wainwright report details eighteen 3rd party providers who have 32 factories in place utilizing SEEC technology - 5 of which are IBM factories. I believe the infrastructure and partnerships provide a platform for the possibility of strong exponential revenue and earnings growth for many years to come. Is there a possibility of upside surprises? I say yes. The company has said "absolutely." Ron Sirch

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