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Technology Stocks : SEEC, Inc. (SEEC)

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To: ratan lal who wrote (421)6/8/1998 8:03:00 AM
From: Mike Milde  Read Replies (1) of 1031
 
I'm bullish on SEEC now.

I work in the computer industry and can see that both large corporations and banks are worried about Y2K issues, but are also behind on getting them fixed. There will be HUGE spending for Y2K products, trust me.

I think people got over-hyped on Y2K early on and then got disappointed when they didn't see mega-earnings. It will happen though. Companies with Y2K issues to resolve have funding in place to fix it, but my feeling is that most are now only evaluating what needs to be done and are not yet throwing in the programmers to make it happen.

SEEC also appears to have a solid product since they are already generating lots of revenue from it. That's a good thing for sure.

Soooo... I bought SEEC the other day at 9 3/8 and expect huge returns. SEEC is now focusing on products for after 2000, and I feel there is a good chance this will be a strong company for the long term.

It's at bargain basement prices right now because people are having difficulty placing a value on Y2K. I like that much better than situations that are easy to evaluate.

Mike
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