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Technology Stocks : Safeguard Scientifics SFE

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To: michael r potter who wrote (4071)3/18/2000 9:26:00 PM
From: michael r potter  Read Replies (2) of 4467
 
SL and others, This is the chart I normally call up each day. askresearch.com Just looking at this plus seeing how it acted -[very well!]during the midweek NASDAQ selloff, I'd say this is quite bullish. Have seen situations just like this in the past, and the stocks run a lot more. The thing that I don't know about is the split. It just seems with so many big gains people have under their belt that when the extra shares are credited to their account, it will be mighty tempting to sell some. Enough demand to soak it up? don't know. Is this post hedging on a bullish call...yup. Mike [PS]Duncan, I tried holding certificates [not SFE], but ended up sending the certificates back to sell. It is an excellent idea though-probably the best. The more hoops to jump through, the better. Have a 401K. Was going to change-sell things dozens of times. There is a delay of 7 days between when the change request is made and execution. It spooked me into doing nothing every time. THANK GOODNESS!.
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