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


To: still learning who wrote (1859)10/21/1998 1:23:00 PM
From: John Arnopp  Read Replies (1) | Respond to of 4467
 
Hang in there, both longs and shorts. I'm still neither, but I'm thinking of shorting, since this *huge* premium can't last, and with CATP and DTPI dropping, CMPC doing nothing, and only strength in a (reduced) TLAB, the euphoria will wear off, probably by the end of the week.

Then will be the time to be long. If you're long and holding, though, I don't think there'll be a problem going into next year, when we should really start to see some action and offerings. I still think this is a great company, and that it has the expertise and potential to deliver on its promises going forward, with some great companies in the pipeline.

And, just for comment, the only hold-up in the near/long-term could be a question that plagues Berkshire Hathaway shareholders about their chairman and his age. I believe Warren Buffett has addressed this before. I hope I am unnecessarily premature in even beginning to worry about it.

--John