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

To: Micawber who wrote (2986)	5/29/1999 2:45:00 AM
From: michael r potter	Read Replies (1) \| Respond to of 4467

-OT- mostly. Brian, thanks for bringing it to my attention. Was gone and didn't realize they ended that well. After checking, IMO they continue up over the short term. AOL for example is the most oversold since last Jan. Most others are quite oversold. Since we are in a period as mentioned earlier-slight upward bias the day before and after a holiday plus slight bias to be up the last two trading days of the month and the first couple of the new month--combining this with the oversold condition, I would expect short term follow through. If so, SFE should participate. Things may slow later in the week as the market pauses in anticipation of #s that come out [I think it is Fri.] that may determine the Feds. response at the June FOMC meeting. Will probably be in for a trade-probably SFE-maybe others first thing Tue. morning unless something goes awry over the long weekend-[not likely]. Mike