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

To: llwk7051@aol.com who wrote (1820)	10/19/1998 7:17:00 PM
From: John Arnopp	Read Replies (2) \| Respond to of 4467

Robert, I have to agree with you, except that I would settle for 2 good offerings per year. But why quibble? NAV is $19.54, so we've got a $2 premium still. Remember for tomorrow, that whatever SFE's earnings are, for every $0.25 change in CMPC, Safeguard's NAV is affected $0.20. So, if CMPC does drop by $1-2, then expect SFE to drop $$0.80-1.60 - and that's only if they make their earnings, which I now seriously doubt. I don't even want to guess, but I'd like to be ready. I'm thinking that you might be able to get SFE for $16 tomorrow. Any comments? David, would you buy at that? --John