SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Safeguard Scientifics SFE
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: still learning who wrote (3734)12/22/1999 4:08:00 PM
From: michael r potter  Read Replies (2) of 4467
 
SL and Bob, Finally hit the breaking point with ICGE today. Sold off 3/4 of position @ $192 to $193 1/2. Part of recent REIT purchases were made on margin with the idea of milking these hot High tech/internet a while longer. [Hopefully into the 2000 tax year]. Didn't accomplish that desire. All sales in taxable acct. so with Oregons 9% tax plus Fed., was more sad than happy after the sales. Something inside said Don't push it any further on the recent gains with ICGE. Feel much more comfortable with SFE and the large cushion provided by the NAV discount. It was certainly fun while it lasted! good luck to those still holding, and don't take this as a bear call or doom and gloom. Technically, I did not especially like the way it gapped open near todays high then has sold off, but that was only part of the reason for choosing today.
By the day, nice move on OAOT today, the patience may be paying off with the forgotten orphans. thanks, Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News