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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: Rev Paris Green who wrote (118)4/9/1998 12:30:00 AM
From: WaveSeeker  Read Replies (1) of 431
 
Here's my outlook on SEAC. Yes, I have a long position in SEAC.

1. For the past 2 days, I have watched the market maker movement
in SEAC on a Level II screen. Wedbush Morgan (WEDB) has been
aggressively buying SEAC ever since the upgrade. This is a lot
more than I can say for other market makers that pump and dump.

2. SEAC is introducing several new products at the NAB show this
week to expand beyond its digital video ad insertion system.

3. Technically, SEAC broke out a few days ago to 9, consolidated
for several days around here, and then broke out to 9 3/4 today
on heavier-than-average volume. I believe this is another upside
breakout, and the stock will probably advance to the low teens
from here.

- Mark
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