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Technology Stocks : Safeguard Scientifics SFE

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To: Sir Francis Drake who wrote (4334)12/15/2000 5:38:44 PM
From: Rick  Read Replies (1) of 4467
 
Morgan -

Have fun trading, but remember your own underlying analysis that it's not cheap until it's at 3 - 5.

Today they announced another executive departure - CTO, and an internal promotion for General Counsel.

To me these are additional warning signs.

It's hard to see where the good news might come from, and it's too early as a value play.

Just doesn't smell very good.

Rick.

Maybe you get a bounce with a Fed easing, but if the Fed doesn't ease on Tuesday, watch out. I don't think a change in bias will be positive for the market.
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