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Technology Stocks : Safeguard Scientifics SFE
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To: still learning who wrote (4051)3/17/2000 4:47:00 PM
From: michael r potter  Read Replies (5) of 4467
 
Sl and others. A lot of good input from all lately. I still expect a pullback after the split, but who knows-good arguments either way. This I do know-Came into the week with a lot of outside stress hanging over decisions to be made. Amazing how despite trying to see through, the decisions ended up being incorrect [not just SFE but many things]. Ended up selling SFE three different times yesterday @252-$255 just before it took off. Note, this was $3.20 cost basis stock labeled long term. Uncle Sam smiling all the way to the bank. Felt the dunce cap growing taller each hour after the close. Selling a bit-OK, but 4 separate sales this week when a year goes by with normally 1 or none of long term? Making decisions of this significance while under outside stress and emotions is sheer folly. Checked the options, but didn't see any strikes above $220. Apparently my site was not accurate. The option of selling April $280s for $40 sounds infinitely better than what I did. Live and learn. Hope and trust you were much more successful than I. Post Partum blues: Am actually feeling down-selling a lot of SFE for me is like losing a best friend. Its just been so much a part of me. Have felt like the co-owner of a great business-not a stock certificate holder. Yes, still have slightly more than 1/2 the amount of a week ago, but it feels empty. Have a great weekend everyone. Mike
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