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


To: John Sikora who wrote (263)5/14/1998 9:55:00 AM
From: Ron Sirch  Respond to of 1031
 
All: I've been tied up on a project and haven't had a chance to deliver on my promise to post some highlights of the conference call. Haven't felt too badly about the delay because the call has been up on replay. But I did want you to know that I will keep my commitment. Soon.

Ron Sirch



To: John Sikora who wrote (263)5/14/1998 10:17:00 AM
From: Ron Sirch  Read Replies (1) | Respond to of 1031
 
AOL has updated their quote board for SEEC:

EPS: 0.46

P/E Ratio: 28.5

(As forecasted here last month.)

An international IT growth stock priced like a value stock, IMO. I do believe the Street is reading this one wrong. At least for now. By the way, short interest increased from 77,000 shares in March to 103,000 shares in April. Accounts for some of the price pressure but should eventually help to fuel the turnaround when it comes. At a price of $16 (good breakout price) PE is still only 35. (DDIM has earnings of $.05, revenue growth of about 100% and now sells at $16.)

Ron Sirch