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

To: Dave Kahn who wrote (1726)	5/11/1998 1:39:00 PM
From: Mark	Respond to of 2127

WHY IS SEEQ NOT AT 3 OR 4 OR 5???? Dave - because people are not sure whether it is going to achieve its growth potential. Sales revenues have been pretty static for 3 years now, and whilst profit margins have improved (which accounts for the EPS growth so far), the real EPS growth will only happen when sales start increasing. SEEQ still has the potential for significant revenue growth, and the board & senior executive appointments made last year should start to give results in the second half of this year. However, it has been a long painful wait for many of us, and whilst the potential is still there, most people are waiting for tangible proof. Until that happens, the stock will go nowhere. Mark