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Technology Stocks : Safeguard Scientifics SFE

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To: michael r potter who wrote (2847)5/17/1999 3:58:00 AM
From: robert miller   of 4467
 
Michael,

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Janney Montgomery Scott issued a Company Report on January 21, 1999 for Chromavision Md.
On January 21, 1999 Janney Montgomery Scott analyst Jerry Anderson issued a 17 page Company Report on Chromavision Md. Report highlights: 'Coverage was initiated with BUY rating and a 12-month price target of $12 per share. The rating was based primarily on the 2002 EPS estimate of $1.44. The company produces automated microscope systems for research in the medical industry.'

$1.44 @ a PE of 30 is equal to $43/share. At these levels that would be a nice hold for the next 3 years.

bob
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