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

To: michael r potter who wrote (2471)	3/31/1999 1:36:00 AM
From: michael r potter	Respond to of 4467

Review: from Feb. 9th post [2251] which called for a post VERT hangover in SFE stock [which happened], a wild statement was made as to the bottom price and date for SFE. The bottom was projected to be $36 1/4 on March 16th [with a $29 NAV]. Actual intra-day bottom was $35 3/4 on March 1, [with a post made simultaneously at $35 7/8-"may be early, but buying right here"] and a closing low of $36 7/16 on March 6th. As for NAV, well, not so close, as it was probably around $22. PS. Now, 4 wks. off the bottom, the NAV is $18 and the stock is $68-a 288% premium, consolidating a $74 high. [Did a year just pass in one month?] And even with that seeming absurdity, rather than looking like it is going to fall apart, SFE appears about ready to inflict some major pain on the shorts. Hmmm. this month has been more interesting than usual. Stay tuned for April, and best of luck to all. Mike