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: John Arnopp who wrote (1700)	9/27/1998 2:37:00 AM
From: michael r potter	Respond to of 4467

Warning, Definitely off topic: Since it is quiet out there, just an observation. The gold stocks are tearing up the track. Most up 50% or more in a month, coming off extremely depressed levels. With the Long Term Capital situation coming to light and the shocking impact this one fund had/could have had on the world financial system, gold is looking increasingly appealing to investors. Most disconcerting is that no one really knows the risk that the world financial system has built in. One thing is certain, the risk is much greater than was perceived until this summer, and with last weeks disclosure, the perception of risk was ratcheted up another notch. Deflation is spreading and Greenspan is finally cognizant of which way things are going. Make no mistake, he is more worried than he is letting on. Short rates will come down. The dollar is likely to weaken further. In the last 6 months, gold has moved inverse to the direction of the dollar. For the past few years it has paid to sell into every rally gold stocks have had. Maybe this will be the same, but after a possible pullback from an overbought technical condition, I believe there is more room to run. The market cap.of all the publicly traded gold stocks in the world is almost certainly less than one half that of MSFT. It is a thin market and there is little ownership. If there is a sudden desire to get in on the part of individuals and institutions in even a small way, the door is very small. With October just ahead and further disclosures to follow, there might just be room for another "safeguard" in ones portfolio. I follow ABX, NEM, and HM fairly closely, but gold stocks pretty much move as a group. October could be interesting, I just hope not to interesting. Best wishes for a profitable fourth quarter. Mike

To: John Arnopp who wrote (1700)	9/28/1998 9:24:00 AM
From: Sheldon C.	Read Replies (1) \| Respond to of 4467

John, Hot off the Press. Subj: Sanchez Computer Associates Announces Global Partnership... Date: 98-09-28 09:17:12 EDT From: AOL News BCC: Bigkid53 Sanchez Computer Associates Announces Global Partnership Agreement with IBM This Alliance Further Supports Sanchez's Goal of Working With Leading Retail Banks Worldwide MALVERN, Pa., Sept. 28 /PRNewswire/ -- Sanchez Computer Associates, Inc. (Nasdaq: SCAI) today announced the signing of a global partnership agreement with IBM Corporation which pairs the leading-edge technology of Sanchez's PROFILE(R) family of products with IBM's marketing strength and years of worldwide systems integration experience. The agreement includes joint sales and marketing efforts, with IBM personnel undergoing training in the use of Sanchez's flagship software products -- PROFILE/Anyware, PROFILE/FMS and PROFILE for Windows. In addition, implementation specialists from IBM will assume responsibility for the installation of the PROFILE system for joint customers worldwide, as well as provide technical support to clients. "This agreement represents a significant commitment on the part of both IBM and Sanchez to provide best-in-class core processing solutions to leading financial institutions worldwide," said Sanchez Computer Associates Chairman Michael A. Sanchez. "IBM's marketing, sales and global service organizations will further enhance the growing demand we have experienced with large banks worldwide. In addition, both companies are also investing in engineering activities to ensure our PROFILE system will continue to provide world-class performance on the IBM platforms." "IBM is pleased to extend its relationship with Sanchez," said Gerald Williams, Director of Global Core Banking Solutions, IBM. "By working together, IBM and Sanchez can deliver world-class core banking solutions to a wide range of financial institutions wishing to base their core applications on the IBM RS/6000 platform." IBM's Banking, Finance and Securities industry teams work with financial services companies around the world to provide mission-critical solutions, hardware, software, consulting and services. In all, IBM has more than 6,000 experienced professionals working within this industry. Based in Malvern, Pennsylvania, with offices in Warsaw, Prague, Jakarta and Chester (U.K.), Sanchez Computer Associates, Inc. is a market leader in providing integrated software solutions and services for financial institutions worldwide. Its principal product is PROFILE/Anyware, a highly flexible, multi-currency, multi-language core processing system which also supports emerging delivery channel technologies. This comprehensive system also includes PROFILE for Windows, a native Windows(R) client application for customer service and teller functions; PROFILE/ODBC, the open connectivity database driver for the PROFILE system; and PROFILE/FMS (Financial Management System), a multi-company, multi-currency, cost center-based accounting system. For more information, visit Sanchez on the Web at sanchez.com or send e-mail to profile@sanchez.com. Sanchez is a Safeguard Scientifics, Inc. (NYSE: SFE) partnership company. This news release contains forward-looking statements, including statements of the Company's sales and marketing expectations for 1998, that involve risks and uncertainties affected by the course of business in the financial services industry, intense competition among software companies serving that industry, the timing of new contract closings and significant events of revenue recognition which may impact the Company's quarterly results, the Company's ability to develop new functionality and other risks detailed in the Company's Form 10-K for 1997, filed with the SEC on March 30, 1998. PROFILE is a registered trademark and PROFILE/Anyware, PROFILE/ODBC, PROFILE/FMS (Financial Management System) and PROFILE for Windows are trademarks of Sanchez Computer Associates, Inc. All other company and product names may be trademarks of the respective companies with which they are associated. Windows is a registered trademark of Microsoft Corporation in the USA and/or other countries. SOURCE Sanchez Computer Associates, Inc. CO: Sanchez Computer Associates, Inc.; IBM Corporation ST: Pennsylvania IN: CPR FIN SU: CON 09/28/98 09:14 EDT prnewswire.com To edit your profile, go to keyword NewsProfiles. For all of today's news, go to keyword News.