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


To: RBB who wrote (483)6/17/1998 4:37:00 PM
From: brodway  Read Replies (1) | Respond to of 1031
 
Rambo...........
Its great to know that the institutions are accumulating SEEC. Im of the opinion that this is going to be a huge winner for all of us when next quarter earnings will be out.
Its still difficult to comprehend how we ever got down to these levels. I thought that 18 was going to be the rock bottom low when i first got in. 13 was certainly a steal in this stock. But 10????
If anyone is in their mind they know that this is far more than a bargain. As we approach y2k, the demand will accelerate in the consulting and programming arena. I have several friends who are Cobol programmers and they have repeatedly told me that the demand is much greater than the supply of programmers. They cant hire enough people.
This only supports the notion that as we move on, the demand for tools will increase substantially. And it doesnt hurt to have the best tool in the marketplace. The fact that institutions are aware of these circumstances makes it easier to swallow this ridiculous price we are trading at. As time progresses, and the demand for SEEC's product increases, we will move in leaps and bounds.
And as many of you have said, patience will pay off. This certainly reminds me of Syntel when it broke 10(thats when i got in), and i think SEEC will do the same.

Good luck to you all,

Brodway.



To: RBB who wrote (483)6/17/1998 6:38:00 PM
From: P. Ramamoorthy  Read Replies (1) | Respond to of 1031
 
Rambabu - Re.: % Shares Owned 41.99, # of Institutions 34,
Total Shares Held (Mil) 2.551...


With the total outstanding shares of 6.1Million, it is about right. Zacks - $12Million sales last 12 months, rated a buy at $10.19. If the revenues explode in the next 6-9 months, SEEC can afford a couple of stock splits, in the 30-35 area, to bring the total shares to 18Million or so, to expand their business and make acquisitions for post-y2k earnings. Ram