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Technology Stocks : Seac - Seachange New IPO
SEAC 3.350-4.3%Oct 22 10:15 AM EST

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To: Ron who wrote (100)4/1/1998 9:09:00 PM
From: Braddock Bull  Read Replies (1) of 431
 
Where is everyone?

Well, now I see what's going on! Here are the two releases from after the close today.

biz.yahoo.com
biz.yahoo.com

I like the sound of the acceleration of consolidation and streamlining at GuestServe. I think that's good news. The release says they'll meet revenue estimates this quarter. That's good news too, but unfortunately we're going to have a special charge.

The Tibbets resignation is a bit more puzzling. It would appear to me that he got the boot, but it's hard to say. Any opinions on this?

Obviously this is the reason(s) for the recent decline. But when it's all said and done, I'd say there's alot more good in this latest batch of news than bad, and a good deal of uncertainty has been lifted regarding Q1. The trading action for the rest of the week should be interesting. We might test the the old low, but I bet we rebound nicely.

Any news from the Las Vegas show?

Brad
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