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Technology Stocks : Safeguard Scientifics SFE

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To: John Arnopp who wrote (1790)10/15/1998 3:58:00 PM
From: John Arnopp  Read Replies (2) of 4467
 
All,

Just to let you know, and in the way of disclosure, I'm out of SFE for now. Will definitely be back in the not-to-distant future (barring something hideous). But, I do not think Oct. 20 is going to be a love-fest. What can they say? They will either make earnings (no surprise) or they will not (BIG SURPRISE). Either way, they will not make 2 more offerings this year, and that is the bottom line reason I own them.

Today's action and Fed rate cut aside (what have they done for me lately?), SFE should be lower in a week. I bought CATP, so I don't need SFE as a proxy (it's perfectly capable of going down on its own).

Still own many other Safeguard companies. I'll be following closely and posting NAV info. Good luck to all,

--John
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