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

To: michael r potter who wrote (2278)	2/18/1999 12:16:00 PM
From: still learning	Read Replies (1) \| Respond to of 4467

Mike, I've enjoyed your recent posts. I'd step aside too. I think there's growing sentiment for a further and maybe more drastic internet pullback. IMHO we should see an early "Spring" correction in the next 2-4 weeks. SFE will be somewhat immune, given the other public co's it owns provide stability -- kind of like a boring core business during a downturn. Since most of these are still well down -- OAOT, CMPC, CATP despite3 recent runups, and TLAB has already considerably pulled back, I think SFE will stay in mid-high 30s. I'm no technician, but I would expect 33 as a good base rather than 36. That's all just gut feel , no analysis whatsoever. But that gut feel is based on owning this same stock since its NOVL days. Any major upside, also IMHO, will be sharp and come later this year in Summer or Fall.