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Technology Stocks : Seeq Technology Coming Back.... -- Ignore unavailable to you. Want to Upgrade?

To: Dave Kahn who wrote (1969)	1/29/1999 6:42:00 PM
From: nanocap	Read Replies (1) \| Respond to of 2127

Dave, I have watched Seeq for a number of years and have only recently become interested. On the surface of things you probably have two types of investors: 1. long suffering, and 2. more recent investors who understand the risk and are not too far underwater. As for the former, anytime a stock has a long term chart like Seeqs', you have to wonder how much stock becomes "available" as the stock moves higher (i.e. long term holders willing to sell at break-even levels regardless of the situation). Secondly, the latest quarterly numbers were not that impressive, but recent design wins have piqued my curiosity and may be indicating that things are turning around -- keep in mind that Seeq's latest products address very large markets. But this is a show-me stock with lots of promise and very little delivery. Make no mistake, this is a very speculative investment, but I think the risk/reward is pretty reasonable at these levels. I'm still doing some due diligence, and it may take another quarter or two for the company to prove it's back in the game, but increasing sales to Intel is not a bad sign. In the meantime it wouldn't surprise me to see this stock trade higher or lower, depending on investor sentiment. A stock at this level with no company news forthcoming is very subject to price fluctuations as investors move on to more "active" situations. It's just my opinion, but I like the stock at these levels for speculative investors.