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

To: Rainer Lange who wrote (2610)	4/14/1999 7:58:00 PM
From: michael r potter	Read Replies (2) \| Respond to of 4467

The stock has gone from $26 to $120 not in 4 yrs. which would be remarkable in itself, but it did it in 4 mo. and 14 days. It went from undervalued to overvalued. The company is only better than it was on Jan 1, not 4 and 1/2 times better. Any stock in this situation is subject to a 20 % or more haircut any time for any reason including...no reason, other than the above. Whatever pundits say on the financial news programs explaining why the internets got hit today-whatever reason is irrelevant. The psychological conditions dictate the inevitability of it from time to time, even if the bull run is still intact. What is important is the quality of the rebound and/or base building over the ensuing weeks. Mike