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Technology Stocks : Safeguard Scientifics SFE

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To: tuck who wrote (4202)6/2/2000 4:50:00 PM
From: still learning  Read Replies (2) of 4467
 
Tuck, I've been traveling and haven't watched the mkt closely of late. Agree it sure is quiet here, but I haven't added much either. SFE companies are not typically high profile, so it's no surprise to see them out of the limelight , with the exception of ICGE.

ICGE got a needed and due bounce today, so we may see some momentum for SFE. I still show NAV at about $2.7 B or well below the mkt cap of $4.55 B, with no IPOs in sight. SFE's children have been hit pretty bad, USDC is a gret example --from 19 to 5!!

It's ugly all over and may be a while before we see an extended run. This week was nice, but remember how far we've fallen and how deep the technical damage is.

I'm hanging tough, maybe wishing I'd have stayed on the sidelines when I said to, but not worried about the long term.
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