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Technology Stocks : Safeguard Scientifics SFE

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To: Allan Harris who wrote (2731)	5/3/1999 3:05:00 PM
From: wellab1	Read Replies (1) of 4467

SFE on top of best25 buys on Telescan screen today Based on High Free Cash/Flow Share &High Earnings Growth 1 year P/E growth =254.9 double that of NITE 114.7 ---4 times that of TXN Providian Financial,Legato --5 times that of MSFT,Biogen schwab Cytrix --6 X Dell --9x Csco,Gateway 2000,Bank One --11X PFE --17 X IBM 21 X bank of NY,veritas Software search.tscn.com Also 4-th best buy based on High Cash/flow Growth search.tscn.com 50/50 chance it will move up or down.below 30DMA chrat shows possible light at the end of tunnel.Last 2 months history shows that after breaking down 30 DMA it bounced up strongly generating technical buy signals eg.first week of March it went under 30 DMA and shortly after went from 38 to 120 $$ --middle of Apr. went under 30 DMA about $65 and bounced back to $100 --maybe the story is about to repeat itself market permitting tscn.com supporting above is institutional buying Last 2 weeks they were steady selling Fr.30 Apr they turned around and there was +240,000 shares net buy today till 2:30 PM there is + 340,000 net buy

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