Safeguard Scientifics SFE Message Board

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Technology Stocks : Safeguard Scientifics SFE

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To: Bryan Steffen who wrote (75)	7/9/1996 11:29:00 PM
From: robert Levine	of 4467

Hi Bryan, First call was revised today because another analyst reccommended SFE as a buy. It was upgraded to 1.2 from 1.3. First call uses a rating form 1 - 5 and this is a pretty good recomendation. SFE is now followed by 5 brokers (wooptee do) as of today, up from 3 two weeks ago. The mean estimate is .29 for Q2 and the expected announcement is now 7/22. I purchased Oct 80 calls since I can't afford the real thing right now and I don't expect any rights offerings before Oct. I really hoping we're way above 80 by then. They're selling about $5 1/2 at the moment. I'm hoping (expect) after the earnings announcement SFE starts the climb back up but I suspect for the next week it will still drift down. Incidently I get first call from Schwab. Good luck.

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