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


To: Micawber who wrote (3072)6/10/1999 8:44:00 PM
From: Michael Young  Read Replies (1) | Respond to of 4467
 
Earning's report was well south of expectations and the stock is down in aftermarket trading. And the chart looks very bad.

The nets have traditionally started a big rally a month before YHOO reports. Not happening so far this time.

The scary things is that many of these stocks may give up ALL their gains since last fall. After all, stocks often go much higher than you think in a mania, and often fall much further than you think when the party is over.

Looks like we may get a bona fide SOX rally when this nastiness is over.

MIKE