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Technology Stocks : Safeguard Scientifics SFE
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To: Tom Bunge who wrote (3214)7/16/1999 10:08:00 AM
From: still learning  Read Replies (1) of 4467
 
Maybe I'll change my name to Still Here.

SFE seems to be waiting to make any kind of move, no there's not much for the commentators to add.

I have noticed NAV has gone up from about $900 mm to close to $1.1 B lately.

SCAI is looking strong, CMPC seems on comeback trail, and FCGI seems to be retracing some gains. That said, until ICGE and USIT , there's not much to add.

Someone posted that Schwab's not participating in ICGE -- was sthat true or just due to the IPO delay.

Re your questions:
1. Yes, we are in a summer rally, but it appears fragile also. Not sure where we stand. Could be a blow off rally easily, or a typical seasonal upswing (though a little early)

2. I reamin bullish about SFE thru end of the year. I beliee we'll approach, if not retest, 100 again. SFE is knows for long dead spots, then killer runs. Just when the next run will be is still up in the air.
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