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


To: Quad Sevens who wrote (178)4/5/1998 11:53:00 AM
From: Ron Sirch  Read Replies (1) | Respond to of 1031
 
RE SEEC Earnings Estimates

<< From: Wade Ramey

SEEC should be encouraged to preannounce their quarterly earnings
(unaudited, if necessary). They can then release the official SEC yearly stuff in May if need be. >>

Wade -

Good point because with other companies like PTUS, TSRI and VIAS warning of earnings coming in below expectations, I'm sure there is worry by some shareholders about SEEC's quarter ending March 31, 1998. What many do not know is that SEEC's CFO, Rick Goldbach, has already told Reuters that he is "comfortable with the analyst earnings estimate for the fourth quarter of $.14 per share." Reuters put it on the wires from the Cruttenden Roth Growth Stock Conference on March 3, 1998. That certainly gives SEEC good visibility for the current quarter (fiscal fourth quarter). The conference call will give us another good look at the outstanding prospects for the future. By the way, Wainwright's estimate for the quarter is "only" $.11 so I double checked with SEEC to make sure the $.14 was not a misquote by Reuters. I was assured that $.14 was accurately quoted and it is the estimate made by UBS Securities when they issued their BUY Report recently.

Having said all that, I agree with you that SEEC should find another forum to get that info out again now that the quarter is closed. I will make that suggestion as soon as I get a chance.

Ron Sirch