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

To: David Lawrence who wrote (1870)	10/22/1998 7:18:00 PM
From: John Arnopp	Read Replies (1) \| Respond to of 4467

...He would have done really well if he had held over this past weekend, but he probably wouldn't have slept a wink the entire time! He probably wouldn't have! Didn't this kind of thing bring down Long-Term Capital (speaking of TLAB and CIEN)? Anyway, it looks good, but now EVERYONE reading this will do it, thus closing the gap even faster, allowing a graceful exit in ONLY ONE DAY! Or, if you have the stomach (and the margin for the short), go for it! Most people probably have their margin tied up in shorting SFE, though. Given the market, you could try being greedy and play only one side, depending on if you think the rally will continue or there will be selling tomorrow. Thanks for being a part of David Lawrence's Day-Trading and Risk Arbitrage Forum and good luck, --John