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

To: Rob Palmer who wrote (3739)	12/22/1999 7:19:00 PM
From: robert miller	Respond to of 4467

Rob, It appears to be a no-brain bargain as it is. Forget the ICGE stock. Forget the rest of the public companies. Forget the VC funds. Their 30 private co's should be worth 50% of ICGE by themselves. But what do I know? The market says I know damn little. bob

To: Rob Palmer who wrote (3739)	12/22/1999 7:20:00 PM
From: still learning	Read Replies (1) \| Respond to of 4467

Yes, I know, (I was sure some smartass would say that -- as this smartass would have if you guys posted it.) Actually, the spell is automatically broken upon the next trade, or if it doesn't come true, whichever comes first. It's too late for SFE to go to $140, as it would have to have done so first thing (beside, I think post market misprints are stronger than pre-market misprints. If SFE goes to 140 AND ICGE goes to $300, I'll be buying SFE madly, selling ICGE short, and then will buy a round of drinks for all of you. BTW bob, what were you thinking setting that buy at 135? It's like me, when I refused to give in and move my 130 to 130 1/2 last week. I missed the pullback. You've got to have a clear idea of what you think is a bargain and stick to your guns. Of course that's hard to do when we're all thinking in the back of our minds -- "this is too good to last." FWIW I bot some SFE today at 180. Only 100 shares and I had serious second thoughts about it, but my gut tells me SFE belongs at 200 and above right now. If I'm wrong I may have to sell and take my lumps. If I'm right I'll consider hedging at $225 or $250 to lock in gains. Truth of the matter is I foresee SFE as a $15-20 B mkt cap stock in 12-18 months, so I need to keep that in mind. Even if I miss the chance at the pullback it'll be OK. Even though I'm already into some heavy STCG this year -- I feel come Jan. there'll be a backlog of sell orders and I may have to join Mike on the sidelines if SFE runs up all the way into yearend.