Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : SEEC, Inc. (SEEC) -- Ignore unavailable to you. Want to Upgrade?

To: Ron Sirch who wrote (78)	3/10/1998 11:56:00 AM
From: Ron Sirch	Read Replies (1) \| Respond to of 1031

More Wainwright: << Seec continues to focus on new target markets for Year 2000 and post-2000 technology. During the quarter, the company introduced another new product bringing the functionality of COBOL Analyst to the Unisys 2200 platform. The Unisys 2200 is heavily used within the U.S. Government and has a significant installed base in Europe. With the Federal and European markets just beginning to come online, we believe that the rollout of this new technology is timely and will provide significant selling leverage into such markets. Additionally, SEEC is currently in the process of integrating COBOL Slicer, the company's test case generator, with third-party testing tools and working with customers to refine comprehensive testing solutions. These activities will conclude the major portion of SEEC's Year 2000 development activities allowing the company to focus development efforts on post-2000 opportunities. Because SEEC's core technology is not Year 2000-specific, the functionality, flexibility and scalability that it offers customers are applicable in a variety of post-2000 market opportunities such as language conversion, client/server migration, Euro-currency conversion and data warehousing. The company has already begun customizing its core products for use in Euro-conversion and business rule extraction and continues to focus on developing additional applications. For example, SEEC's Slicer product has inherent functionality necessary in the migration of legacy platforms to client/server platforms. Slicer may be used to extract business rules from existing systems which is a prerequisite to transitioning existing enterprise applications to modern operating environments and still retain their customized nature and functionality. SEEC continues to work with all of its partners to establish follow-on markets and related applications for its technology. >> Summary: Post 2000 will be just fine. Very fine, indeed. IMHO. More: <<On the channel side, SEEC recently entered into a formal partnering agreement with Intersolv. We believe that the Intersolv relationship is strategic for two reasons.(1) Intersolv is active in the Year 2000 marketplace and currently has a sizable backlog of Year 2000 service business. (2) We feel there are significant synergies between the companies' technologies, which will be mutually beneficial in post-2000 markets. SEEC is currently negotiating a reseller agreement with Intersov similar to those already in place with IBM and Unisys.>> Hmmmm. " significant synergies between the companies' technologies which will be mutualy beneficial in post-2000 markets." Very interesting. That's it folks. I'm off to Boston. :-) Ron Sirch