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Technology Stocks : Safeguard Scientifics SFE

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To: michael r potter who wrote (2737)5/4/1999 7:53:00 AM
From: robert miller  Read Replies (2) of 4467
 
Michael,

SFE has drifted down from 91 to 77 on volume below 1 mil for the past 7 trading days. The 10 days before this there were violent swings both up and down on volume of 2 mil. There has been no significant news the past 7 days. I believe positive news could increase the volume and volatility with an upward bias. Continued lack of news will probably lead to continued downward pressure. Unfavorable news or general internet weakness might give those with a strong stomach an unexpected buying opportunity. Time will tell.

bob
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