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

To: wellab1 who wrote (2479)	4/6/1999 2:56:00 PM
From: wellab1	Read Replies (2) \| Respond to of 4467

Newest example of back door phenomenon confirming it is alive and well techstocks.com I refer to my post Message 8682260 TFSM =Track Data Corp went over 100%/day (yesterday)after announcing: 1.It owns 10% of Edgar Online which filled last week for an IPO. SFE has 26% stake in ICG. 2.it will launch an online trading site 3.,May be working on a major alliance The move did not wholly depend on back door phenomenon ,point (2) and (3) contributed maybe more than 50% to it., Another example is last week 's Ziff Davis (ZD) issuing "trailing stock" of its Internet property (ZDZ).Even they did not create separate company -just some strange creature-trailing stock (obvious dilution and cashing on Internet hype) -the pattern of ZD going substantially up before ZDZ ipo is evident. There is a difference in behavior of hot stocks trading on NYSE and NASDAQ. NYSE stocks after breaking out above trend line often are coming back to test this line before resuming the run. On BB's there are noticeable calls for the company to announce some good news (latest plans,split etc) Wellab