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Technology Stocks : Safeguard Scientifics SFE

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To: Mike 2.0 who wrote (87)7/15/1996 3:35:00 PM
From: scott dennis   of 4467
 
WAYNE, Pa., July 15 - Safeguard Scientifics Inc said on Monday that it had no
information that it believed would cause a decline in the stock's price.

"We are of the view that the company's business prospects continue to be very good," said
Chairman and Chief Executive Pete Musser in a statement.

He added that, as previously announced, the company expects net earnings for the second
quarter of 1996 to be equal to or exceed analysts' estimates of $0.29 to $0.30 per share.

_______

Weakness must be attributed to tech and IPO weakness.

I'm not an engineer, but I play one on the Internet,
Scott
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