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

To: michael r potter who wrote (3391)	8/25/1999 9:29:00 PM
From: michael r potter	Respond to of 4467

-OT- EBAY, $129 hit its projected high of $130 6 days ago [actual $129 3/8], and it has been consolidating since in a range between $114 and $129. As it turns out the high was reached on the exact day the influential internet analyst came out and put out a big buy on various internet stocks. No surprise there. EBAY is overbought, but if it breaks above $130, it could have another leg up. One could buy the [possible] breakout and put a close stop in the upper $120s. Not sure if I will play this one, the move from low $80s was lower risk. For those who have not perused the web site itulip.com, it is kind of fun. The guys behind it actually put VC into internet ventures, though they have a healthy skepticism for the greater mania. Mike