Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (4563)	3/20/1999 10:53:00 AM
From: hoffy	Read Replies (1) \| Respond to of 52051

SFE- The next CMGI See the article below. This is a chance to get in on an internet giant in the early stages. This is a venture capital investment company, which is the way to make big money. They already have huge revenues and profits. They have partnerships with several internet companies that are coming out this summer. Safeguard Scientific Steve Harmon (3/18) Safeguard Scientific (SFE:NYSE) is much like a venture capital firm that targets companies in the information technology arena. Its shares rocketed 25% on March 16 after its chairman went on CNBC and announced the company was committed to investing in the Internet. But Internet analyst Steve Harmon says Safeguard shares may not be quite ripe for Internet-type valuations. Safeguard already was an investor in Internet firms, VerticalNet (VERT:Nasdaq) among them. It also owns Vision Systems, which has plans to go public and which identifies computer users by their fingerprints. Safeguard could be dismissed as merely playing catchup in the Internet space if not for its $2.275 billion in revenue in 1998 and its $1.7 billion market cap, says Harmon. Still, Safeguard is no CMGI (CMGI:Nasdaq), a premier Internet holding company. It would take a "huge sustainable home run" to get there, Harmon says, adding that VerticleNet one day could be it.