Safeguard Scientifics SFE Message Board

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Technology Stocks : Safeguard Scientifics SFE

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To: michael r potter who wrote (2762)	5/13/1999 12:07:00 PM
From: michael r potter	Read Replies (4) of 4467

Traders, FWIW SFE $95 1/8 Bid, just sold trading position entered on Mon. at $76 5/8. Entered position based on technicals, selling based on other factors. $18 1/2 points or 24% in three days changes the risk/reward for the short term. News announced and getting built in to the price. SFE seems rather fully valued at this price. Could it continue higher? Sure, but IMO this was the easy money. [Southwest Securities SWS $68 3/8 Bid, Ditto, just sold part of that position- still long term still bullish. Up 50 % in a few weeks- seems like the easy part. Staying with over 1/2]. Mike Oh yes supposed to put in a Disclaimer: Technical Analysis as a supplement to fundamental analysis may subject one to larger than normal capital gains. Was that it?

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