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Technology Stocks : Safeguard Scientifics SFE

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To: Mark Sagarin who wrote ()3/17/2000 1:16:00 PM
From: Netstockfiend  Read Replies (1) of 4467
 
You daytraders may be right, but there's a good chance you will be WRONG by selling now and hoping for quick selloff post split.

I'm holding Lam Research (LRCX), which just split 3-for-1 this morning, and it is going up nicely.

When a stock splits 3 or 1, people look at the price and decide it looks cheap. It's illogical, but psychology plays a large role -- apparently you are living proof of that.

Holding SFE long and strong, because Uncle Sam doesn't deserve these sizeable (and growing) profits!

The Fiend
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