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

To: John Sikora who wrote (317)	6/1/1998 3:09:00 PM
From: SOROS	Respond to of 1031

I am at a loss for words, and you must know that this has never happened before. Now where are those darn words. . . ah, there's one. Ooops, I can't use that one on this thread. I remain, SOROS

To: John Sikora who wrote (317)	6/1/1998 3:31:00 PM
From: brodway	Respond to of 1031

John, Thanx for your input.... I too have a feeling that the selling pressure is way overdone. Even if the y2k sector is perceived to be out of favor at this juncture, it still does not justify how a company growing at a 30% rate a year(or more) can trade at 50% premium to its cash value. Im just looking around Nasdaq and i just see a bloody situation developing. Stocks are literally trading at 20% of their annual highs, and i have not seen this for some time now. This gives me some sort of comfort level regarding Seec, because it is not an isolated issue being hit. In addition, the margin problem has got to be causing this selloff and this huge volume in the stock. Anyway, i think the y2k stocks will once again be revisited as we approach the big day. Who would ever believe that we would see imrs back at 20? Good luck all, Brodway.