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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (4925)9/1/1998 2:47:00 PM
From: peter michaelson  Read Replies (1) | Respond to of 78497
 
Paul & everyone:

Here's one to talk about - a wee bit different from the others discussed here:

SEEC, Inc. - Y2K and other computer stuff. Cash per share = $5.00. Price = $4.375 Debt of all kinds = almost none.

freeedgar.com

peter



To: Paul Senior who wrote (4925)9/1/1998 4:01:00 PM
From: James Clarke  Read Replies (2) | Respond to of 78497
 
Didn't mean to scare you Paul. I figured you of all people would be laughing at me trying to call what time a turn in the market will take place. Now that you've seen firsthand how good I am at picking interday market moves (hey, I was only off by 350 points or so), you have every right to flame me if I post anything so inane again. To make you feel better, I put my money where my mouth is and sold two stocks this morning and made sure to call everybody I know last night and tell them that the market is falling apart. So I'm eating crow for now.

And no, I don't think we're anywhere near out of the woods yet. We ought to be seeing a bunch of third quarter earnings preannouncements announcements soon. Something to look forward to.



Jim