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Technology Stocks : Safeguard Scientifics SFE

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To: llwk7051@aol.com who wrote (3336)8/10/1999 2:47:00 PM
From: LarryCPA  Read Replies (1) of 4467
 
Robert,
Thanks for all the info. I sold my trading position back in January, but still hold my core (2nd largest position). I just sold some puts yesterday so i will have a new trading position at close to my January sale.
I have a different view of the non-split than you do however. FWIW I think that Mgmt was worried about the ration of shares needed to get the DSSP. 1:20 (USIT) was the steepest ever. If it was split that would be 1:40 meaning very few shareholders could participate. Until they resolve that problem, i don't see a split.
Certainly the SFE system is much fairer that the CMGI one where all shareholders get 100 shares regardless of hpow much they own. SFE really does try to do right by us.
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