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Technology Stocks : Safeguard Scientifics SFE

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To: still learning who wrote (2912)5/20/1999 9:41:00 PM
From: Sir Francis Drake  Read Replies (1) of 4467
 
I agree with you. However, I'm afraid, short term we may see a pull back. I doubt it can hold 90 unless the overall market is just great and all the nets are flying. I think it'll settle into the low-middle 70s which will be a buying opportunity - I don't think it'll dip below 65 (unless the market is in a free fall). Who knows with this crazy market - and a stock that is now controlled by daytraders (and I'm guilty of it a little myself) - once they decide the momentum will not be back until maybe the July IPO, what else will keep 'em here in the meantime (after all, no split, and won't be for some time<GGG>).

Morgan
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