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Technology Stocks : Safeguard Scientifics SFE

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To: Hepps who wrote (2478)4/3/1999 4:37:00 PM
From: michael r potter   of 4467
 
Re: DTPI, Unfortunately, I noticed the correlation late in this latest rebound, but the past month or so it has followed the pattern of CATP. Apparently investors think there is great similarity in the two businesses, and when CATP announced negative projections, they assumed DTPI might be having trouble also and it plunged in sympathy. Have owned DTPI for quite a while, and it has been a sale in the upper $20s and a buy in the teens. That is the same pattern that Coherent Comm. had almost exactly, until it finally broke out on the upside, was bought by TLAB, and is now around $70 equivalent. The risk of jumping in and out is the last trade was a sale, and the stock gets away. Personally, I sell a just a little in the upper $20s and re-buy. The company seems to be doing great. Mike
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