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Technology Stocks : SEEC, Inc. (SEEC)

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To: DD™ who wrote (605)6/30/1998 12:30:00 PM
From: P. Ramamoorthy  Read Replies (1) of 1031
 
DD - Agree. Narrowing of BBands (also narrowing price fluctuations and bid/ask spread) followed by a decrease of "sell" orders and supported by gradual rise in "ASK price" help.
The divergence is small and wide for this stock, even during its move up above 33, in the past. It can be deceiving. They need more liquidity (more shares for trading). Institutional holding and fewer sellers do not help. MM's will not get shares in their inventory by keeping the price down. Let the ride begin. It's going to be better than SYNT. Ram
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