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Technology Stocks : Safeguard Scientifics SFE -- Ignore unavailable to you. Want to Upgrade?

To: still learning who wrote (3042)	6/7/1999 2:26:00 PM
From: avanti77	Read Replies (2) \| Respond to of 4467

Thanks to you and Tom for the replies, and info re; TLAB shares. I'm curious as to why you think it will take 12 mos for SFE to reach 100, given it was trading at a high of 120 in April. CMGI (which I'm also long on) has a p/e of 128 vs SFE's 18. My thought on buying here was that it would revisit the 90-100 range within the month. CMGI has moved 10+ today. It would also seem that the next run to 100+ would make it ripe for a split, since it hasn't had one since August of '96. I'm not a TA person, but it looks like it has weathered resistance at 60 level, and if it breaks past 75, appears an easy run to 90. Here's hoping my more bullish scenario wins out. Either way, I feel like a got a real bargain @70. Regards, Donna