Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: michael r potter who wrote (2698)	4/23/1999 5:26:00 PM
From: michael r potter	Read Replies (1) \| Respond to of 4467

Holy Cow!, First Consulting Group FCGI, woke up. Wed. close $8 3/4, Fri. close $17 5/8, over 100%. I think this shows the validity of owning some of Safeguards previous rights offerings that are now being scorned by the market and are trading under $10. Most are good values, and eventually that pays off- sometimes requiring patience while the market is enamored with internet and big caps. One can then add to them on signs of a technical breakout, but as DOCC and now FCGI show, one must be alert and move quickly. Still no concrete news. Volume heavy, but volume has been heavier this year, with little price movement. Mike

To: michael r potter who wrote (2698)	4/28/1999 11:26:00 AM
From: David Lawrence	Respond to of 4467

>>SFE does not hold a large position, but FCGI up another $2 1/4, bringing its gain to 46% in 5 trading hours. Bought small amount yesterday, based just on technicals, but no reason [credible] out there yet of a fundamental nature to account for this vertical rise from dormancy. Mike, I bought on the dip below $10. Their Chairman died of cancer last week. There is some speculation that the company may be available for a buyout now since there is a change in control. Earnings were subsequently reported in line with expectations. I'm not sure what has been said about a forward view. A lot of the Friday pop before the close was promptly given back at the open Monday, but we're still way ahead. For the benefit of others, ISCG (Integrated Systems Consulting Group) was the SFE spin off, which was subsequently acquired by FCGI. I'm not sure that SFE retained any interest in FCGI.