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Technology Stocks : Safeguard Scientifics SFE

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To: michael r potter who wrote (1738)10/4/1998 6:42:00 PM
From: David Lawrence  Read Replies (1) of 4467
 
Well Michael, in light of the historical data you cite, I'll revert to a state of total confusion regarding the character if the premium/discount. Perhaps there are simply too many variables to be able to rationalize the spread.

There was some discussion a while back (when SFE was peaking) regarding a strategy of shorting the SFE big-caps as a hedge against a long position, which given the current spread would have been a profitable strategy. I may have to study that further if to see if a reverse strategy will work as well.
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