SEER, Seer Tecnologies Message Board

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Technology Stocks : SEER, Seer Tecnologies

SEER 1.840

0.0%

Dec 26 9:30 AM EST

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To: Sandra who wrote (32)	4/21/1998 4:29:00 PM
From: Walter High	Read Replies (1) of 36

Sandra (and any others following here): I talked with the company today and they said earnings will be released on Monday or Tuesday of next week (still not firm). They have no explanation for why the stock has gone from 1 7/8 to 4 over the last two days other than speculation that people are buying it because it is such a steal at only 2 bucks a share. They may be right about that, but I don't think so. Volume doesn't normally go to ten times average in just a day or two without at least some rumor floating around. I would guess that either the earnings announcement is not going to be as bad as had been projected, or that there is some rumor in the investment community about a buyout. My bet is that maybe SEER closed a major deal that will help the bottom line substantially (although too late for the quarter just ended). Walter High

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