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


To: P. Ramamoorthy who wrote (946)10/27/1998 1:10:00 PM
From: Rich Dee  Read Replies (2) | Respond to of 1031
 
From First Call this morning:

SEEC upgraded by H.C. Wainwright & Co., Inc. to BUY from ACCUMULATE.

- The upgrade was based on SEEC's strong growth prospects and large cash position.

- 12-month price target of $8.50

- EPS estimate for 3Q=0.06, 4Q=0.08, FY(Mar. 1999)=0.20, FY(Mar. 2000)=0.37

- They believe that there is significant upside to their numbers, given SEEC's solif technology base and strong customer relationships.