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Technology Stocks : Safeguard Scientifics SFE

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To: Tom Bunge who wrote (3292)7/28/1999 9:46:00 PM
From: Tom D  Read Replies (2) of 4467
 
ICGE has a huge # of shares outstanding. Is it worth it?

Has anybody on this thread done the math and tried to value the collection of companies which comprises ICGE? I am starting to do so, but it is a big project.

I am concerned about the 125 million shares outstanding. If ICGE starts trading at $30
per share, we are already at a valuation of almost $4 billion. That will put a damper on
the upside potential, unless there are a large number of promising companies in the
stable.

Please read these two postings on the AMZN thread:

www2.techstocks.com
www2.techstocks.com

Any comments would be appreciated.

Thanks,
Tom D
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