Safeguard Scientifics SFE Message Board

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Technology Stocks : Safeguard Scientifics SFE

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To: cooksbay95 who wrote (4070)	3/18/2000 9:01:00 PM
From: michael r potter	Read Replies (3) of 4467

Cooks, It has been bugging me all day, so before heading over here, I pulled up a log SFE chart from another service. Even though the chart I presented earlier is registered as log at the bottom, you are correct-it is not. Here is a true log chart with a pattern more like I expected to find in the first place.Looks much better. tscn.com Whether the following has any relavance to future pricing, I'll leave to you-I don't know myself but here goes: SFE's first advance from app.$2 to $40 was roughly a 20X move. SFE then entered a 2+ year trading range digesting its gains. If it moved 20 fold from the bottom of that trading range, it would go $17 low X 20 or about $340. These are just rough #s, and should be used only for perspective. The first move took about 31/2 years to gain 20X, this move has gone 16.7X [if one uses the bottom price of the 2+ year trading range]. Alan H. method of targeting a high is probably more relavant than this but it may offer a little perspecitive. Also worth noting, it seems like most years of late, SFE reaches its high in the spring-then is down hill for 6 mo. [right along with the general high tech. market give or take]. thanks,Mike

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