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Technology Stocks : Seeq Technology Coming Back.... -- Ignore unavailable to you. Want to Upgrade?

To: mnm who wrote (1570)	2/14/1998 10:12:00 AM
From: Jim Malone	Read Replies (1) \| Respond to of 2127

I owned SEEQ way back in 1994 and sold in 1995. I am back in recently. SEEQ seems to be on the edge of sustainable growth, of course this company has looked like it could grow significantly for a couple of years now but has not lived up to its potential and the stock is still at the same price as I left it in 1995. While margins have improved significantly as shown by the latest quarterly results SEEQ still needs quarter over quarter revenue growth to get the stock price moving upward significantly. A P/E of 13 or 14 looks very good for this company right now if the company can now get revenue growth the stock price should go upwards. I like the outlook for this company but there is some risk that they will not get the revenue growth they need. It would be very nice if revenues increased this year by about 20 or 30% and earnings came in this year between .25 and .30. If this would happen this stock could easily surpass $10 per share. Hope it happens.