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Technology Stocks : Safeguard Scientifics SFE
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To: michael r potter who wrote (2821)5/13/1999 4:43:00 PM
From: robert miller  Read Replies (2) of 4467
 
Michael,

I also sold a small amount of SFE today. I took an initial position in FCGI and added to my positions in CVSN and OAOT. When they get FDA approval, I think CVSN will make a nice rally.

"The company is awaiting clearance of the 510(k) application filed with the U.S. Food and Drug Administration (FDA) in November of 1998. Dr. Douglas S. Harrington, chief executive officer & president, stated, ''The pending FDA clearance will determine when ChromaVision can aggressively promote and sell the ACIS applications slated for release in 1999. Recent discussions with the FDA were encouraging as no additional data was requested. We do not believe that the duration of the regulatory review will have a material impact on our long-term business plan."

bob
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