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


To: Craig Rogers who wrote (880)8/28/1998 1:52:00 PM
From: Mike Milde  Read Replies (1) | Respond to of 1031
 
<< This thing is dead till it makes some money. Who wants to wait.
Not marginable now, so it will probably go down to $2. >>

I don't get it. Trading at well below cash in the bank and they havent lost money in several quarters, and you predict $2/share? Assets are $5.60/share with over $5 of that in cash.

They have an organization that has a proven record of making software, selling it, and making a profit. Several months ago they completely transitioned into products for after 2000. Investors have gambled much bigger with a *zero* track record on many other companies. Why the heck do people think this one is worth even less?

If you don't want to wait, then you shouldn't be in stocks.

Mike