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

To: John Arnopp who wrote (1751)	10/7/1998 3:15:00 PM
From: llwk7051@aol.com	Read Replies (1) \| Respond to of 4467

My rough numbers show a net asset value of about 16 mid day today. SFE is trading at 20. I decided to sell the rest of my position and buy back if the spread gets back to $1 area. Based on recent weakness in all sfe stocks, I think 15 is now a possible price for sfe. I will owe tax on the sale. But I last tried to sell at 27 and the price dropped $2 that day and I was only able to sell 500 shares at my asked price. I also sold a couple blocks in late Aug at 27 area. In hind site, I should of sold every stock I owned and just waited. I was just to shell shocked to believe the extent of this bear market. Three indexs are at or very near their 52 week lows today. The dow and s&p are still above their lows. This makes me believe we still have a significant downside risk from here. I hope I am wrong. Good luck to all. Robert D.