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Technology Stocks : Safeguard Scientifics SFE

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To: michael r potter who wrote (2227)	2/4/1999 10:03:00 AM
From: michael r potter	Read Replies (2) of 4467

--OT-- TBL, Timberland has been mentioned as having a great chart, and dirt cheap. Well, now it is apparent why the chart looked so good and what the quick 50% up move was all about [on no news]. Delayed opening-buy imbalance. Engs. up 21.6% for the quarter and 25% for the year. '97 $4.03, '98 $5.03. When this move started, TBL was selling at 6.8 X '98 est. and 6 X '99 est. Simply amazing in a market close to 30 X engs. Still less than 10 X '99 est. Mike

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