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


To: David Lawrence who wrote (1763)10/9/1998 11:44:00 AM
From: John Arnopp  Read Replies (1) | Respond to of 4467
 
OFF TOPIC

David,

A couple days ago I read in the WSJ that one of the big positions Long-Term Capital took that really helped sink it was CIENA, which I think they bought around 70, and ended up with it at 13 when the TLAB deal was called off.

Isn't is ironic how close SFE is to that, in a way (even though SFE has no where near - anywhere close to, even - the risk of Long-Term ) and how they've lost a bundle in TLAB, too.

It's a small (financial) world, I guess. (And getting smaller everyday...)

--John