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

To: michael r potter who wrote (2203)	1/29/1999 7:38:00 PM
From: David Lawrence	Read Replies (1) \| Respond to of 4467

Has anyone noticed that anything with real value [using antiquated valuation tools] is a dog in this market and the higher the PE, the better the performance -- only bettered by those companies with no earnings? Maybe they watched Star Trek - First Contact and have bought into the part where Picard is explaining that, in the 22nd century, there is no money because people strive not to accumulate wealth, but seek rather to better themselves and mankind. Perhaps that's the basis for the "new" valuation paradigm? IMO, it's a good time to be alive, and even a better time to be in cash. <g> Have a nice weekend yourself!

To: michael r potter who wrote (2203)	1/30/1999 4:47:00 PM
From: Abe the babe	Read Replies (1) \| Respond to of 4467

Michael, I understand your point of view. If this is a "value oriented" market, then why isn't there anybody buying such solid companies Transamerica (TA) with a PE of 3, or Ford with PE of 4 (maybe), and billions of Dollars in cash. Having said that, however, I believe that that technology is an entirely different game ( and don't give me that look now). Big corporations are more than willing to spend millions of dollars buying Cisco routers than giving their overqualified-PHD'er IT engineer a 2% raise...Right ?. And AD agencies pay much more for a good picture of a Tomato than you would pay for the real tomato in your local supermarket..Right ? So, place your bets on CMG, and don't miss the ride. If you are a value-investor at heart, and still don't want to miss out on the party of the century, then SFE is a great investment. You don't find high-tech financing players with a PE of 17 any more. Good Luck