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Technology Stocks : SEEC, Inc. (SEEC)

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To: MoneyMade who wrote (778)7/11/1998 9:11:00 AM
From: Mike Milde  Read Replies (2) of 1031
 
SEEC's annual report came in the mail yesterday. Total assets are over $39 million, and there are a little over 5 million shares outstanding. This company has been growing revenues quickly and is making real money.

The only way this stock can drop lower is if they start burning money, and I just don't see anything to indicate that at all. Where do you come up with a projection of $4/share???

Shareholders have overreacted to a single flat quarter. This is one of the most secure stocks I own.

Mike
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