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: John Sikora who wrote (302)	5/28/1998 10:57:00 PM
From: Ron Sirch	Read Replies (1) \| Respond to of 1031

Volume up nicely, price to follow? What we need is some concentrated buying from the longs to take control of this stock away from the short community. Sooner or later this will happen. Maybe some help from a significant buyback program. Probably no better investment around right now. Annual Report is up on the web-site. Lots of good info, especially in the letter to shareholders from Ravi Koka. Take a look especially at how worried Ravi is about post 2000. Not. Wall Street, please wake up. Business will continue to boom for a long time after 2000. Also take a look at IAIC's last press release for further reinforcement. From Ravi's letter: snip << BEYOND 2000 SEEC expects the millennium market to be buoyant through the end of 2000. In Europe, the EURO currency issue should generate demand for SEEC's products and solutions starting in 1998 and continuing through 2003. Additionally, many organizations are expected to use the Company's products and solutions for their on-going legacy maintenance because of the productive environment SEEC's tools and processes create. SEEC believes that, after achieving year 2000 compliance, many large organizations will consider redeveloping their systems to fit into a client/server architecture; this would include using packaged software such as SAP, Oracle Financials and Peoplesoft. We have invested in significant research and development to deliver solutions that reduce redevelopment costs by allowing companies to extract business rules and functions from legacy COBOL applications for reuse in object-oriented client/server environments. We intend to sell these products and solutions to our customer base and also to enter into alliances with companies that are marketing client/server solutions. The next few years promise to be very exciting for SEEC, as the markets are large and the Company's financial and technological foundations are sound. SEEC has delivered significant value to its customers by ensuring that our products are deployed to solve critical problems. We are grateful to our shareholders for their confidence in our future growth and are certain we will meet their high expectations. Ravindra Koka President and Chief Executive Officer >> I'm off to Florida early tomorrow. Back Tuesday. Off to Europe for two weeks next Thursday. In the meantime, the company will continue to do great. Before too long, the stock will follow. Regards, Ron Sirch