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

To: michael r potter who wrote (2737)	5/3/1999 6:44:00 PM
From: still learning	Respond to of 4467

Slightly OT -- michael, there's a fine line between sticking to your convictions, and falling in love w/ a stock. In SFE I have confidence that the mgmt has made some great strategic moves and will capitalize moving forward. Am I in love with it? In some ways yes, the same weay I'm in love with CSCO. I'll probably never sell CSCO -- at least not for years, should never have sold INTC, and may not sell TLAB either. These are all great examples of co's that have executed so well over the long haul they deserve greater dedication and respect. It's a lot easier to find valuation gems (as I did in oils and you have in NITE, than to find companies you want to stick with for many years (don't know enough about NITE yet to decide where they belong. Bot SFE has clearly won a long term place in my portfolio. Such a decision (keep for good) clearly comlpicates other short term decisions (what to do right now). FWIW.

To: michael r potter who wrote (2737)	5/3/1999 7:44:00 PM
From: elvisdoc	Read Replies (1) \| Respond to of 4467

Michael, Your posts continue to be some of the most insightful and concise of any board I read. Welllab also does an excellent job and it could be that both of you are right...we will only know in hindsight if SFE is drastically undervalued or overvalued right now or even how to value it...the P/E however, doesn't help me much in evaluating this company right now. Tells me alot about Tellabs though.... Agree this holding will not keep on laying golden eggs forever but I too believe in SFE management ie execution going forward. I stick to my strategy of picking up a little more at every 10 point drop. OT Your comments on NITE and your previous prophetic posts on SWS come to mind...you are saying that based on forward '00 earnings, NITE has a P/E of 20-30 now. I agree and so does the market. I have tried to buy NITE on weakness...problem is, there hasn't been much. And now SWS has gotten away from me...hoping for another opportunity soon. As related to your market outlook,(which I agree with), would NITE be an exceptionally risky stock to buy possibly going into a correction...ie if the market tanks, doesn't the MM stand to lose more than others? Isn't this where SWS would be a safer play, should it drop below 50 again. Your thoughts? Thanks again, elvis

To: michael r potter who wrote (2737)	5/4/1999 1:53:00 AM
From: wellab1	Respond to of 4467

sorry ,I didn't intend to dispute your insightfull thoughts NITE was just by accident in this table like all those other cited stocks. Many people are using screening programs based on different criterions to pick stocks.Earnings growth is one of many criterions and SFE came on top today in this category.Tomorrow there will be something else .I just noticed it.I screw up this post anyway (to many things at the same time) Positive view on one stock doesn't have to be in conflict with positive view on another.There is as many best picks as threads on SI. wellab

To: michael r potter who wrote (2737)	5/4/1999 7:53:00 AM
From: robert miller	Read Replies (2) \| Respond to of 4467

Michael, SFE has drifted down from 91 to 77 on volume below 1 mil for the past 7 trading days. The 10 days before this there were violent swings both up and down on volume of 2 mil. There has been no significant news the past 7 days. I believe positive news could increase the volume and volatility with an upward bias. Continued lack of news will probably lead to continued downward pressure. Unfavorable news or general internet weakness might give those with a strong stomach an unexpected buying opportunity. Time will tell. bob