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Technology Stocks : Safeguard Scientifics SFE

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To: michael r potter who wrote (2203)	1/30/1999 4:47:00 PM
From: Abe the babe	Read Replies (1) of 4467

Michael, I understand your point of view. If this is a "value oriented" market, then why isn't there anybody buying such solid companies Transamerica (TA) with a PE of 3, or Ford with PE of 4 (maybe), and billions of Dollars in cash. Having said that, however, I believe that that technology is an entirely different game ( and don't give me that look now). Big corporations are more than willing to spend millions of dollars buying Cisco routers than giving their overqualified-PHD'er IT engineer a 2% raise...Right ?. And AD agencies pay much more for a good picture of a Tomato than you would pay for the real tomato in your local supermarket..Right ? So, place your bets on CMG, and don't miss the ride. If you are a value-investor at heart, and still don't want to miss out on the party of the century, then SFE is a great investment. You don't find high-tech financing players with a PE of 17 any more. Good Luck

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