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


To: robert miller who wrote (2194)1/28/1999 9:32:00 AM
From: Sheldon C.  Respond to of 4467
 
Subj: Safeguard Scientifics Announces Analysts' Conference...
Date: 1/28/99 9:28:11 AM Eastern Standard Time

Safeguard Scientifics Announces Analysts' Conference Call for Fourth Quarter and Year End 1998 Operating Results

WAYNE, Pa., Jan. 28 /PRNewswire/ -- Safeguard Scientifics, Inc. (NYSE: SFE), a developer of rapidly growing information technology businesses, announces that an analysts' conference call to discuss the company's fourth quarter and year end 1998 operating results has been scheduled for Wednesday, February 17, 1999, at 10:00 a.m. EST. For listen only access, please call the toll free Vialog number 888-364-8748 by 9:55 a.m. EST on February 17. A replay of the call will also be available starting an hour after the completion of the call until midnight on February 18. To access that recording, please call 888-266-2081 and enter the conference identification number 1265493.

The conference call will also be broadcast over the Internet through Vcall, Inc. at vcall.com. To listen to the live call, please go to the web site approximately 15 minutes early to register and download any necessary audio software. For those who cannot listen to the live broadcast, a replay will be available immediately after the call and a transcript will be available 24 to 48 hours after the call.

The press statement will be released to PR Newswire at approximately 7:30 a.m. EST on February 17, 1999.

About Safeguard

Safeguard Scientifics, Inc. (www.safeguard.com) is a unique partnership of entrepreneurial companies focused on information technology markets. Safeguard has a proven track record of bringing emerging companies to market through rights offerings to Safeguard shareholders. Past Safeguard rights offerings include Novell, Inc., CompuCom Systems, Inc., Cambridge Technology Partners, Coherent Communications Systems Corporation (merged with Tellabs, effective August 3, 1998), USDATA Corporation, Integrated Systems Consulting Group (merged with First Consulting Group, effective December 18, 1998), Sanchez Computer Associates, Diamond Technology Partners, ChromaVision Medical Systems, OAO Technology Solutions, and DocuCorp International.

SOURCE Safeguard Scientifics, Inc.

CO: Safeguard Scientifics, Inc.

ST: Pennsylvania

IN: CPR FIN

SU: ERN

01/28/99 09:27 EST prnewswire.com




To: robert miller who wrote (2194)1/28/1999 11:29:00 AM
From: Hepps  Read Replies (1) | Respond to of 4467
 
robert, as I see today, I wasn't entirely on track..... My theory is (was) that some fund managers are starting to notice DTPI but need a few days to move into the stock, otherwise the price swings would be much greater than they are. The last big drop on big volume took several days to complete.

Word from my brother who's in the business was that some fund managers were concerned that Goldman might cut back on their use of DTPI, and Goldman constitutes somewhere around 15% of their business. When they get back in it's the same thing, spread over a few days.... I do know that if I see a downward slide on big volume, I'm out until volume decreases to normal, or the slide stops.

I think the reason it moves on no news is that phone calls between Managers and companies remain just that, phone calls and not press releases. But if someone at Goldman mentions that they are sweating the quarter and looking for cost reductions, it might trigger the manager to unload his 300K shares, as reflected in the high volume big moves that we see in their chart.(this isn't always the case:>)

I've owned this stock straight thru from Aug 97 and seen both 30 and 8 for prices on the charts. Until now I've not been clear in my mind on what drives the price of this stock (aside from fundamentals). Now I have a theory, the easy half of making money, I'll see if I can put it into practice......