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Technology Stocks : Seac - Seachange New IPO
SEAC 3.350-4.6%Oct 22 10:15 AM EST

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To: Roads End who wrote (10)3/1/1997 12:08:00 AM
From: WaveSeeker   of 431
 
Anyone still following SeaChange? Now that it has sunk to
near its offering price (~19), it's a critical moment with
major support at 18 even. If it breaks 18, look out below,
possibly trading down into the low teens because of its
illiquidity. The next earnings report is early May, so
investors are probably treading water until then. With
the weakness in technology stocks, I believe its trend is
down until April because the weak hands will be shaken out
first. Any other thoughts or opinions?

- Mark
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