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 (2713)	4/27/1999 3:34:00 PM
From: michael r potter	Read Replies (1) \| Respond to of 4467

Safeguard co. First Consulting FCGI $13 1/4 has pulled back from the 2 day 100% gain. They reported 1st. Q rev. and engs up 35% and 34% respectively. Solid Q. Stock is cheap at 18.4 X '99 est. and 14.6 X '00 est. Target price mid $20s [yr. 00'] with limited downside if they continue to execute as they are now. I try to initiate positions where the reward/risk ratio is 3 or 4 to one. Bought lower last week just on emerging technical action, but now technicals and fundamentals are both in gear. Its a buy right here despite the one week rise of 50%. Apparently take-over rumors caused last weeks jump. Good on fundamentals alone, a takeover not priced in at $13 1/4 so if it does not happen, no problem. Mike