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

To: michael r potter who wrote (3379)	8/24/1999 5:14:00 PM
From: michael r potter	Read Replies (3) \| Respond to of 4467

With SFEs NAV likely in the low $50s at present, SFE is trading at just over 10% above its ownership in public holdings. This premium has contracted significantly, [$3 today alone] and is at the low end of what I would expect, especially because the market conditions are not depressive. If VERT holds its gains, or adds to them, I would expect a quick catch up by SFE and possible premium expansion. In other words, SFE looks poised and coiled to go through resistance, possibly very quickly if VERT does not decline. Not the lowest risk point to add to positions, as the general market is overbought, and if it settles back in the next few days, that could affect ICGE and SFE, but...for current holders, I find myself pretty excited about SFEs position right now. If it just caught up to match ICGEs increase today, and what SFE "should have done" to match that, SFE would be at least $61. Mike