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Technology Stocks : SEEC, Inc. (SEEC)

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To: airborn who wrote (310)5/31/1998 3:13:00 AM
From: P. Ramamoorthy  Read Replies (1) of 1031
 
airborn - In the absence of any volatility (unstable price moves - up or down) news does not help. The Y2K sector used to be sensitive to every contract announcement, remember? No more. Then earnings became a concern. Now most y2k companies come up with more than expected earnings. Still no price action. It almost looks like the y2k sector has been deserted by traders and momentum players. Shorts are happy. Longs need patience and hopefully we'll double or triple our investment in a year. Just an opinion. Ram
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