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


To: still learning who wrote (1718)9/30/1998 8:38:00 PM
From: DaveHunt  Read Replies (1) | Respond to of 4467
 
Hi, Well been laying low. New Baby, New Job, not much time
for anything else !. I sold 75% of my position at 27 1/4
as I was seeing pressure on CATP and TLAB and it seemed like the
rest of the SFe companies like CMPC, TESI have been really really
weak. Let's face it this stock has been flat for the last
2 years and with the uncertainty of the markets with the
Asian\Russian problems, seemed like a good time to sit on
the sidelines for awhile. I'm down to my original shares that
I bought in Jan. 1995. The latest, SFe spin-offs have beed
dogs at best and disasters from a management confidence
standpoint (CVSN, OAOT, DOCC). Who?vision doesn't exactly
sound very exciting to me either. If SFE ends up around $20-$22
I might think about coming back in, but on the other hand there
are some alternative investments that may warrent investing the
proceeds from SFE elsewhere. I never thought I would sell my
SFE, but it seems pretty risky and then considering how poorly
it's done over the last 2 years, well time to move on....