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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?

To: LT who wrote (9927)	3/22/1999 4:18:00 AM
From: 2MAR$	Read Replies (1) \| Respond to of 15987

SFE,another Big Fish,announced 3/18, shift to internet, shares rose 19!! Just seeing the trend unfolding.....................Safeguard Scientifics Shares Rise on Internet Shift: Wayne, Pennsylvania, March 18 (Bloomberg) -- Safeguard Scientifics Inc.'s shares rose 35 percent after the company said it's shifting its venture-capital focus to Internet companies and as a key analyst reinstated coverage. Safeguard's shares rose 19 1/16 to a record 73 3/8 in trading of 2.8 million, almost nine times the three-month daily average. The Wayne, Pennsylvania-based company's shares have surged this week after Chief Executive Warren Musser said Safeguard will modify its investment strategy to concentrate on Internet stocks instead of other technology. ''They're going to put more emphasis on incubating Internet businesses, and that will enhance the value of the businesses they have,'' said Joel Krasner, an analyst with First Albany Corp., who reinstated coverage of the company today with an ''accumulate'' rating. Krasner dropped coverage of Safeguard last year. Safeguard, one of a handful of publicly traded venture- capital funds, already has positions in several hot Internet companies that have gone public. For example, Safeguard owns 26 percent of Internet Capital Group, an investment group it set up with Compaq Computer Corp. and Comcast Corp. Internet Capital, in turn, holds stakes in more than a dozen Internet companies, including 6.3 million shares, or 38 percent, of VerticalNet Inc. VerticalNet, which runs Web sites with news and information about specific industries, began trading on Feb. 11 at 16. During the past month its shares traded as high as 107 1/2. Internet Capital put about $10 million into Horsham, Pennsylvania-based VerticalNet last year, and its stake is now worth more than $550 million, the estimate of Dwayne Moyers, a partner with Cummer/Moyers Holdings in Fort Worth, Texas. Cummer/Moyer owns Safeguard shares valued at $3 million to $4 million. Such indirect investments helped Safeguard generate an annual return of about 30 percent on its investments, Moyers said. Not everyone, though, is buying into the Internet-generated frenzy. John Roberts, analyst with Hilliard-Lyons Inc. who has an ''accumulate'' rating on the stock, said Safeguard shares are overvalued today, although he believes the company remains a good long-term investment. 16:58:50 03/18/1999

To: LT who wrote (9927)	3/22/1999 4:21:00 AM
From: 1-DAY-TRADER	Respond to of 15987

Dear LT: Its always to be humble in a market like today's!!! Its also wise to ASK why someone recommends a stock ?? you might learn something. Those who claim to be Masters in trading usually don't last too long ...they get too confident, then they pay dearly for it :)) I am only a DAY TRADER .. not a MASTER-KNOW-IT-ALL TRADER :)) Arrogance never pays :)) However, i cordially invite you to come to our thread and participate with us in the daily live conference and discussion :))) Subject 26776 or just come to daytraders.cjb.net Good luck my friend :)))