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Technology Stocks : Safeguard Scientifics SFE

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To: Allan Harris who wrote (4147)4/6/2000 12:29:00 PM
From: still learning  Read Replies (3) of 4467
 
Allan, is that 130 -180 pre or post split? That's a heckuva target from here if it's post split as it appears.

Obviously I should have followed my initial instincts and stayed out of SFE for a little while longer. Best laid plans. MP, you must feel a little better now <g>.

I suspect the IPO market will stay sluggish for some time now. Remember, all these IPOs early in the year are highly unusual, as Fall is usually IPO season. That happened because there was a plugged up pipeline at the end of last year due to Y2K. Now, I expect SFE to continue moving forward with IPOs, but not rushing anything to market. That will put a near-term damper on stock price.

Long term remains in tact, but the glory days of Jan/Feb were a passing breeze for now.
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