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

To: michael r potter who wrote (3361)	8/18/1999 4:59:00 PM
From: still learning	Read Replies (1) \| Respond to of 4467

I believe the opposite may happen -- SFE and/or ICGE will finish some IPOs in Q3. Rebemeber, the world will be DEAD for ipos in Q4 -- I'm hearing from corp fin people that no one wants to go out right before y2k. I suspect we may have a drying up of supply in q4 and, in spite of nervousness, there may well be a slight upturn for recent issues -- e.g. ICGE, VERT, the nutz, etc. At any rate, CMPC, OAOT, TESI, USDC and the laggards should come up a bit and the leaders CVSN, SCAI, TLAB, etc. should remain flat to slightly higher based on underlying fundamentals. SFE may not have any direct IPOs, but I'm certain ICGE will. Will this close the gap from 20-30 to 10%? don't know

To: michael r potter who wrote (3361)	8/20/1999 2:01:00 PM
From: still learning	Read Replies (1) \| Respond to of 4467

mike, what do you think of OAOT on a technical basis right now? I've got a sizable position and held it up and down. Am now a bit ahead but thinking of adding more. I'm not sure if SFE is buying due to value or just to kee 50%+ ownership intact. Your thoughs on short term trading prospects much appreciated. I set an earlier target of 6 for this year, but its recent failure to hold gains casts considerable doubt on that. Given that SFE was buying 100s of thousands of shares at around 3-4, I believe, made me feel there was strong underlying support. I now think they may also have been just trying to keep it from dropping. With 25mm+ shares, SFE can hardly sell unless there is a substantial sustained rise. They may simply see it as an anchor company -- one which they hold for its earnings value and as a 50%+ company forever.