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Technology Stocks : Safeguard Scientifics SFE

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To: David Lawrence who wrote (2240)2/11/1999 7:42:00 PM
From: John Arnopp  Read Replies (2) of 4467
 
David,

Here's my latest strategy, but I don't have the funds to implement it (let me know how it works for you ;-}, OK?):

I don't know what the SFE convertibles are trading for right now, but if they are close to par, then a) go long the SFE convertible and b) short SFE. That way, you can make money on the short, but be protected in case of a rise. The convertible should hold up if SFE falls, since you have the interest feature.

You can donate my 10% cut to charity.

--John
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