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

To: Rainer Lange who wrote (2619)	4/15/1999 10:24:00 AM
From: michael r potter	Respond to of 4467

Thanks, just added to trading position@$71 1/4. Was $70 1/2 B $71 1/4 Ask- spreads wide $1+at times. Well see, Mike

To: Rainer Lange who wrote (2619)	4/15/1999 11:27:00 AM
From: michael r potter	Read Replies (1) \| Respond to of 4467

Thanks, Bought a second trading position @71 1/4. Very wide spreads, as much as $1 1/2. Out of that position too early, had to take a shower, and was to wild to leave unattended. Not a daytrader. Even CMGI took a wek or two to correct what SFE has done in less than 5 trading hours. $6 moves in 5 minutes! both up and down. Lots of support low $70s. not that much volume on the way down to $71, a buyers strike, and panicked sellers. Much higher volume on the way up. We'll see if those lows hold, looks good so far. Mike

To: Rainer Lange who wrote (2619)	4/15/1999 11:55:00 AM
From: michael r potter	Read Replies (1) \| Respond to of 4467

Apologies to all for dupe message, looked like first didn't take, so did it again later. Volume on the way down was 468K at $70 1/2 bid. Vol. on rebound to currently $80 was 2M sh. 1.5 M upside vol since low. Mike

To: Rainer Lange who wrote (2619)	4/15/1999 2:20:00 PM
From: wellab1	Read Replies (3) \| Respond to of 4467

Adding some charts to M.P.analysis.CMGI /SFE tie-up strong with some predictive value.On below chart SFE moves with about 15 min delay to CMGI.At 12:00 CMGI was going up while SFE slided in accordance to CMGI's previous slide .15 min later SFE followed CMGI uptick ect.Good to squeeze $ 1 more by timing entry. quicken.com This delay is even bigger and more visible on a week chart. It aso shows interesting phenomenon.SFE looks little more dynamic.Especially on the way down.The SFE downturn is overdone in comparison to CMGI.That can be attributted to different kind of investors following those stocks.SFE's investors may be more panic prone .They are not used to wild swings as much as CMGI followers quicken.com This dynamic is also bigger on the way up as shown on 1 month chart SFE's 1 month appreciation was 140% on top and CMGI only 60%. This confirms SFE is on its way to catch -up with CMGI's 1000% return/4-6 months.At one point SFE will have to take lead and loose those ties.This was happening already on Apr 12. At the moment SFE will take lead ,it should be compouded by CMGI-like investors not afraid of P/E 120 -switching to better prospects in SFE than CMGI. quicken.com So what is next? 1.short term The pattern repeats itself .Between March 04-24 SFE went up 100%.Took a dive from 100% to 50% paused for a week and run another 120%. Right now it is taking symilar dive (from 230 to 150%) and should take a week pause before next run.This is as a parabolic curve pattern (bullish)as it can be. of course all this can be delayed or interrupted by any broad market moves quicken.com 2.Long term quicken.com wellab