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


To: Bryan Steffen who wrote (1571)8/6/1998 6:48:00 PM
From: John Arnopp  Read Replies (1) | Respond to of 4467
 
Bryan,

CATP was very strong today, and DTPI was strong, too.

I think "the market" (which I'm beginning to believe is actually a pretty small bunch of relatively skittish investors) also realized SFE was oversold.

I think people are nervous about SFE because it can make large, protracted moves over several days. I'm beginning to feel that way myself, and while I'll like to maintain a position, it seems that there is additional money to be made buying at discounts to and selling at great premiums to NAV. (I was able to sell some at 43 last month and buy back at 33.) You pay taxes, but hey, wait... where's my rollover Roth?

--John