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Technology Stocks : SEEC, Inc. (SEEC)
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To: Nanda who wrote (420)6/7/1998 3:41:00 PM
From: ratan lal  Read Replies (2) of 1031
 
Nanda -

The stock price at any given moment in time is what the buyers are willing to pay and sellers are willing to sell for.

Last quarters earnings were 17 cents. EVERYONE knows that. Its not a secret. So what makes you think that the price will go up??

Obviously a surprise earnings next quarter would do it.

In that case, what are the analysts expecting ? What is the whisper number? And fianlly what do you think they will earn?? The biggest question, of course, is WHY or WHAT makes you think they will earn per your numbers. Do you have any insight into the business that others dont? Do you have any insied info?? Do you know anyone that works for the company?? Do you haev any info that is not public.

ANALYSIS is also not to be discounted. What si your analysis and the basis for it.

FYI I invested in SEEC after it bace the hot topic in SI. I bought 5000 shares at 8 3/4 just based on the posts here and sold at 10 when I realised that there was no unkown reason for the rise in its stock price. I am still interested in investing in SEEC BUT I will llok for reason before jumping in. I may trade in SEEC based on TA. But that is not the same as investing because one feels that the company is on the right track for explosive growth

ratan
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