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Technology Stocks : 7th Level

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To: Jonathan Brown who wrote (661)4/22/1998 9:22:00 AM
From: Jonathan Brown  Read Replies (3) of 1019
 
Listen, folks, time is short, but for those yelling about SEVL's finances, two points: (1) SEVL is suddenly on firmer financial ground after the stock appreciation, and (2) within the past year the company completely refocused its business. A few months ago I spoke with SEVL investor relations, which even sent me a demo CD. The company used to produce, market, and distribute CDs, their own and third parties'. The business was all over the place, and that, according to IR, is how it got into trouble. What all agreed on was that SEVL has a killer technology for animation development, so the company focused on that. We're seeing the result at last. Plus SEVL is positioning itself in the Internet advertising and moving image space on the Web, which I believe will be very big. Gotta go, but the financial mess is old news. That's not the story of the stock.

J
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