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Technology Stocks : Safeguard Scientifics SFE

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To: Frederick Langford who wrote (2160)	1/12/1999 4:46:00 PM
From: John Arnopp	Read Replies (2) of 4467

Good trading to you, too, Fred. At least I'm not alone: Tuesday January 12, 4:15 pm Eastern Time RESEARCH ALERT-Safeguard Scientific cut CHICAGO, Jan 12 (Reuters) - Hilliard Lyons analyst John Roberts said Tuesday he lowered his rating of information technology business Safeguard Scientifics Inc. to accumulate from buy, citing price appreciation. -- Roberts still sees Safeguard as a core holding for long-term investors and estimates earnings per share of $0.66 for the fiscal year ending December 1998 and $0.70 for fiscal 1999. -- Safeguard had earnings per share of $0.61 for fiscal 1997. -- Shares of Safeguard were up 11/16 at 36-1/2 in afternoon trade. --John

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