SEEC, Inc. (SEEC) Message Board

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Technology Stocks : SEEC, Inc. (SEEC)

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To: Craig Rogers who wrote (856)	8/14/1998 11:07:00 AM
From: Mike Milde	Read Replies (1) of 1031

<< Here we a software company with a P/E of only 15. Stock price should be at least a double easy. >> Yeah, people are very paranoid that Y2K won't produce any profits. I think people are also worried that SEEC is only a Y2K company. The company is currently valued below their cash they have in the bank, so any profits at all should push the stock price up. You don't even really need to see much earnings growth with the stock price at these levels. You would also think that in a falling market and over valued large caps that people would be hunting high and low for good value stocks. This almost seems like a situation that's too good to be true. Not sure what's up, unless the fear of no future earnings is really justified. Mike

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