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Technology Stocks : SEEC, Inc. (SEEC)
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To: Steve Woas who wrote (357)6/3/1998 7:45:00 AM
From: Mike Milde  Read Replies (2) of 1031
 
SEEC is a Y2K company developing software in India?

No wonder it has dropped so far! I checked out their web site
and can't really see that they have much beyond a Y2K solution.
And India doesn't sound like the place to be doing business.

At a PE of 17, it just still seems too expensive to me. Where
are future earnings coming from?? The future seems very volatile
and unclear after sales of Y2K end later this year or early
next year.

At a PE of 17 I would expect good growth for several years atleast.

Opinions?

Mike
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