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Technology Stocks : Safeguard Scientifics SFE

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To: scott dennis who wrote (91)7/16/1996 7:19:00 PM
From: Robert Northington   of 4467
 
I, unlike some of you have been in and out of SFE several times since 1993. Obviously I have been wrong to try to trade this stock. I became involved when Cat pee went public. Several of the people who originally pointed out this fine company are now interested in it again. It seems to me that the Berkshire comparison is valid but even better since many of the companies that they are involved with are not what one would call value stocks. This is a way in which to play the computer service/consulting areas via one investment without owning 50 stocks in a mutual fund that charges 1.5% in fees etc. Think of SFE as unit investment trust that allows you to add money via the spinoffs over time. I am going to buy the stock on wednesday and then wait for perhaps the inevitable dumping of shares after the split to buy a little more.If whomever is keeping up with the premium/discount that SFE is trading at would post weekly it would be a great help in future purchases.
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