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Technology Stocks : Safeguard Scientifics SFE
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To: David Lawrence who wrote (778)8/26/1997 11:22:00 PM
From: William R. Polk   of 4467
 
Today was an important TA day for SFE because it was first time in a month that the stock finished above the 50-day moving average since it broke through on the downside last July 28. So SFE is now trading above the 50, 100 and 200 Moving Averages. Is this important? No, probably not, especially if you are in for the long haul. But I DO think it would be nice if the stock would make a solid base in the 29 area. BTW, today's portfolio NAV = $28.70/share

Regards,

Bill
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