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Technology Stocks : SEEC, Inc. (SEEC)

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To: Learner who wrote (884)8/30/1998 9:34:00 PM
From: JOHN IACOVACCI  Read Replies (1) of 1031
 
I can't understand how stocks can sell below book value?
With $5.60 that yahoo posts as book and the company making money
now with decent earning won't book go up? If this happens as it
should can a company realistically trade at 1/3 the book
(assume $6.00 a share book and $2.00 a share stock price).

I personally don't see how it can trade under 5 for any length of
time.
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