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

To: DD™ who wrote (336)	6/2/1998 11:05:00 AM
From: brodway	Read Replies (2) \| Respond to of 1031

Actually the seller all morning was......... a small broker/dealer called Cruttenden Roth. He was on the offer all morning. Seems like he is gone now and the bid is up to 8 5/16. My guess is that they had a chunck of stock for sale for about a week one, and have finally sold off today. This also explains the unusually high volume. The selling pressure and the margin problems that have probably developed as a result of lower stock price have generated this ugly situation we are seeing now. Its interesting to know that the stock is trading at or below book value. I think those who average down here or buy in for the first time will do very very well over the next 3-6 months. Good luck, Longs will be rewarded, Brodway.