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


To: michael r potter who wrote (2821)5/13/1999 12:32:00 PM
From: andy harrison  Read Replies (1) | Respond to of 4467
 
Mike:
Check out ASTEC INDUSTRIES. ASTE
Complete opposite business that SFE is in. Worth the ride.. Sorry
about the pun..



To: michael r potter who wrote (2821)5/13/1999 12:35:00 PM
From: Sir Francis Drake  Read Replies (1) | Respond to of 4467
 
Michael - bid 96 3/8 bid right now. In my view, the big resistance is of course 100, so the selling will hit in the 98-99 level, as I see it. Just a question whether you want to squeeze out a few more points or not.

There is one additional consideration - if SFE sells off nicely from the high 90's, technically one more wave is possible, as an attempt to break 100. In fact, given the volume we are seeing recently on the way up, it is not impossible that on that second move, it may break 100 and hit 110 before settling down.

I've only been trading SFE for a few weeks now, but that's my take on it.

Good luck!

Morgan



To: michael r potter who wrote (2821)5/13/1999 4:43:00 PM
From: robert miller  Read Replies (2) | Respond to of 4467
 
Michael,

I also sold a small amount of SFE today. I took an initial position in FCGI and added to my positions in CVSN and OAOT. When they get FDA approval, I think CVSN will make a nice rally.

"The company is awaiting clearance of the 510(k) application filed with the U.S. Food and Drug Administration (FDA) in November of 1998. Dr. Douglas S. Harrington, chief executive officer & president, stated, ''The pending FDA clearance will determine when ChromaVision can aggressively promote and sell the ACIS applications slated for release in 1999. Recent discussions with the FDA were encouraging as no additional data was requested. We do not believe that the duration of the regulatory review will have a material impact on our long-term business plan."

bob



To: michael r potter who wrote (2821)5/14/1999 7:29:00 AM
From: prolific  Respond to of 4467
 
I think your disclaimer should read "if you are a "less sophisticated investor on margin, who might panic" while reading this post - sell everything and buy a mutual fund"