Safeguard Scientifics SFE Message Board

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Technology Stocks : Safeguard Scientifics SFE

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To: cooksbay95 who wrote (4074)	3/19/2000 11:51:00 AM
From: Boris2000	Read Replies (2) of 4467

Does anyone else here see SFE prime for a classic ( and steep ) post-split price drop ? This stock has more than doubled in just sixteen trading days. No doubt SFE is a good company - but ( IMHO ) this entire runup is soley attributable to momentum buyers on the split news, announced Feb 29.I can't find any other NEW news over that period of time that would change my perception of the company's fundamentals one way or another. Also, FYI, the mean average closing price over the last 14 trading days ( since the split announcement ) is just $ 227.

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