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Technology Stocks : Safeguard Scientifics SFE
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To: William R. Polk who wrote (753)8/21/1997 11:20:00 AM
From: Mike 2.0   of 4467
 
FWIW, CATP has gone sideways lately, apparently unable to hold 34. There has been heavy insider selling. I was tempted to buy CATP around 33 but just read CATP was named in latest Worth's "10 Stocks to Avoid" column. A portfolio mgr claims CATP is hiding significant increase in A/R by showing on books as prepaid expenses after scrutinizing recent SEC reports. He suggested 24 (!) was "fair value" for CATP. Pretty provocative statements but just a heads-up to look into it. May be on Worth on-line worth.com.

If CATP does miss a quarter and gets punished, other competitors like SAPE or REGI might dip in sympathy; an oppty to buy one or all.
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