SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Venture Capital Stocks in Individual Investor

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RavBruce who wrote (8)12/5/1997 10:50:00 AM
From: John Arnopp  Read Replies (1) of 49
 
Bruce,

Safeguard's rights offerings used to be 6 shares to get 1 right with a minimum of 100 rights to exercise. HOWEVER, with the ChromaVision rights offering, they changed the formula to 1 right for every 5 shares and only 20 rights minimum. Therefore, you only need 100 shares of Safeguard to participate fully! And you can always buy more rights or shares in the new company. I also think Safeguard is fairly valued whenever it's trading around its NAV, as I stated previously.

Good luck,

--John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext