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Technology Stocks : Safeguard Scientifics SFE

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To: michael r potter who wrote (3084)6/14/1999 4:58:00 PM
From: Michael Young  Read Replies (1) of 4467
 
I'm using 1996's action as a guide for SFE. It ran up hard and fast in the spring of 1996 because it was an incubator of small tech companies. SFE was hammered when that frenzy died in the summer of 1996.

Realistically, I suspect SFE may revisit the breakout level in early March. So don't be shocked if it hits the low 40s this summer.

MIKE
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