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

To: Michael Young who wrote (3085)	6/14/1999 10:03:00 PM
From: llwk7051@aol.com	Read Replies (2) \| Respond to of 4467

Michael, I owned sfe during 1996 and the similarities to today are many. At that time I did not track sfe net asset value, but I believe it must have traded at a large premium. The tech stocks it owned at the time had huge declines that summer and sfe followed suit with small rebounds along the way. It eventually started trading based on net asset value until last fall when internet mania hit. If internet stocks start trading on fundamentals (which they are not doing in my opinion), then sfe is in for a very bad summer and your low 40 prediction may prove to be high. Good luck to all, Robert d.