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

To: John Arnopp who wrote (1821)	10/19/1998 7:33:00 PM
From: David Lawrence	Respond to of 4467

Yes - depending on market conditions. However, a close below 16-7/8 would break through the long term double bottom, with the next support level around $14. I never expected to see these levels again, but I do expect a test of last week's low. Needless to say, my decision to sell last week was poorly timed, so far.

To: John Arnopp who wrote (1821)	10/19/1998 8:00:00 PM
From: llwk7051@aol.com	Read Replies (1) \| Respond to of 4467

John, I doubt in the very short run you will see a drop like that, but after earnings season if the sell off resumes it would not surprise me. I doubt sfe earnings shortfall, which almost has to happen because of cmpc, will cause much drop, but I would never have dreamed what happened in the last few months would have happened either. The bigger negative will be if management says there will not be another rights offering and/or who vision is not coming to market almost immediately. This will cause some real questions by analysts covering the stock. Almost all of them have had strong buys during the entire downward spiral. As to the number of offerings that are good, I will take as many as they can offer. I really like three or more, but they haven't been having that many good ones. As to timing, if I buy or sell I'll let you know. If you do reverse of what I do, you should see a huge gain in just a few days if not hours. Good luck, Robert d.