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


To: DD™ who wrote (313)6/1/1998 12:01:00 PM
From: P. Ramamoorthy  Read Replies (1) | Respond to of 1031
 
DD - This morning report on CNBC: money seems to be moving out of tech sector (Intel delay of Merced and other jitters) and going into bonds, consumer stocks, and utilities. Small cap stocks are paying for it. Looking at the number of posts on SI y2k thread, people have either moved their money out of these stocks, or given up their hopes of short term gains. This downturn in y2k sector seems to add fuel to the short position: the world will survive the y2k disaster with ease.
I agree with those that want a public event (disaster) due to y2k non-compliance to get the attention. Personally, I do not wish for disasters anywhere, but the y2k problem needs more attention. Ram



To: DD™ who wrote (313)6/1/1998 12:40:00 PM
From: brodway  Read Replies (2) | Respond to of 1031
 
Its certainly disturbing to see SEEC going down on heavy volume.
I was wondering if this could be as a result of margin problems arising due to the recent decline in the stock?
Any input would be appreciated.

Good luck all,

Brodway.