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


To: stockaholic who wrote (1574)2/22/1998 9:04:00 AM
From: stockaholic  Read Replies (1) | Respond to of 2127
 
PRO SEEQ-http://www.exchange2000.com/~wsapi/investor/newsletter-51
"Q: Anything you want to add in the technology area before touching base on the biotech side?
A: If you divide the electronic side broadly between computing and communications, generally the computing stocks are cheaper because of this fear Wall Street has had about PC's. Both sides are growing this year and communications are growing even faster. We are trying to find things to buy there. We have been looking at Ascend, Bay Networks, PairGain Technologies and Cisco Systems. The communications business overall worldwide is still growing at over 25% a year and was a $125 billion industry in 1997. It is also expected to double over the next 3 years as the internet gets built out with Worldwide WAN's (wide are networks) and we want to be there. It is hard to find stocks in that area that are fairly priced. We bought a small semiconductor company called Seeq Technologies Inc. that builds nothing but ethernet chips. They also have the first gigabit ethernet chips out there so, it is around about way to play communications. We also bought a small company called Sync Research and they are partnered with IBM. Both are really small companies."

CON SEEQ-To: Jurgen (35782 )
From: peacelover Saturday, Feb 21 1998 10:48PM EST
Reply # of 35796

Hi!
**OT**ASND colleagues, please forgive me.
Is somebody mentioning seeq? I have been sitting on this stock ever since I bought in the high single digit. When it hit around four, I was about to get out with a small loss and then it got slammed again.
Somebody hit a nerve mentioning seeq. Don't buy the damn stock.
I am speaking from experience. I still own it.
peacelover