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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: paul e thomas who wrote (10390)3/24/1998 10:48:00 PM
From: Pete  Read Replies (1) of 13949
 
<They have however been very heavy handed in their
dealings with licensees.>

What do you mean by this Paul? Are you aware of customer relations
problems?

I respect your opinion, but I want to get the facts so I can
make an informed decision wrt holding or selling. It's hard to
tell if there are customer issues by reading news and financial
sources available to me. I haven't had contact with the people
SEEC does business with, so I'd like to hear what you know about
this.

The chart is not exactly what I would call healthy looking right
now, but I think it's more of a reflection on Y2K tool vendors
in general as of late. Overall, I think SEEC has good potential
for a strong comeback in the next couple of months, as do the
other tool vendors. Of all the tools out there, I think SEEC has
better prospects for longer term prosperity than some of the others.

If they report strong revenues and earnings again for this quarter,
(and I expect they will) then I believe this stock will catch fire.
Q4 earnings last year were -.13. This quarter estimates are for
.10-.16 and they have consistently beat estimates for the last
few quarters. If earnings come in above 200% Q4/97 and beat the .13
reported last quarter, the street will take notice. Right now I'm
willing to take that risk and will accumulate until other facts
reform my opinion.

Pete
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