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

To: robert miller who wrote (3389)	8/25/1999 4:51:00 PM
From: still learning	Respond to of 4467

Hey can we try to nail down this NAV thing? Sure is hard without John Arnopp here <g>. I've got $2.061 B, or about $58 shr nav -- is that what you guys have?

To: robert miller who wrote (3389)	8/25/1999 5:06:00 PM
From: michael r potter	Read Replies (1) \| Respond to of 4467

Robert, well it sure doesn't hurt. ICGE is the big tail. Each point move in ICGE is $.50 to SFE, while USITs point move is worth $.068 to SFE. Still, with a $6 5/8 up move in USIT, that adds 45 cents to SFE, a little less than what a $1.00 up move in ICGE provides, to put it in perspective. By the close, SFE played catch up on what it should have done yesterday considering ICGEs move yesterday. As mentioned a week or so back, the market sometimes gets inefficient with SFE, when a component moves up big, and SFE lags. The gap is usually closed within a day, providing short term opportunities. Mike