Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: still learning who wrote (3443)	9/13/1999 4:37:00 PM
From: michael r potter	Respond to of 4467

SL., given that SFE has moved up virtually uninterrupted 50% in a month and is quite overbought, and that ICGE has just corrected 25%, I'd place my bet on ICGE for short term performance. Of course there is quite a different risk profile of each, so it is not an equal comparison, [it is easier to define and be comfortable with a maximum likely downside with SFE vs. ICGEs downside risk which if very hard to estimate], but for shorter term performance, it looks like todays action in each might presage what the shorter term holds for relative performance. Mike. PS. First Consulting Group FCGI continues its pattern of erratic and unpredictable performance, today dropping quickly under $10 again on not especially heavy volume and no apparent news. DejaVu! On a brighter note DTPI Diamond Technology Partners continues its winning streak trading above $46 for most of the day. It made a spike gap up at the open on high volume [capitulation buying?], which may mark a short term top. Trading at around 46X what should be calendar '00 engs., [they have a different fiscal year], it is not cheap anymore, and after a double in something like 5 or 6 weeks, the risk reward has changed. FWIW, sold part of long term holding today, though the long term still looks good for Diamond Technology and the stock. Mike