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Technology Stocks : Safeguard Scientifics SFE

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To: robert Levine who wrote (89)7/16/1996 1:16:00 AM
From: Mark Sagarin   of 4467
 
It seems that SFE is getting caught in the downdraft of many previously high flying tech stocks particulaly those with not many shares outstanding. Plus the high number of shares being sold short is killing it and many others. We'll ahve to wait and see what the earnings announcement is, but, it seems to me like this decline is overdone and the current price is undervalued. Of course in this type of market climate things could continue to get worse in teh short term. Mark
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