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Technology Stocks : Safeguard Scientifics SFE

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To: Bryan Steffen who wrote (85)7/12/1996 5:07:00 PM
From: Pei-Hwa Ho   of 4467
 
Hi,

I didn't see any specific news about SFE on Dow Jones News Retrival so I tend to think SFE simply got caught in the tech selloff. If history is a good source for explanations, same thing happened to tech stocks last year around this time. Many big high flyers like INTC and MSFT got hammered down a lot, went up a little later last year only to be hammered again before rising steadily around Feb - Mar. The cause for such selloff is the same too.

-Pei-Hwa Ho
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