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Technology Stocks : Safeguard Scientifics SFE

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To: Rick who wrote (1434)6/4/1998 5:27:00 PM
From: John Arnopp  Read Replies (1) of 4467
 
Rick:

Safeguard doesn't own any of the outstanding float of its partnership companies. "Float" is usually defined as the number shares that can be freely traded, which excludes insiders and 5% holders (Safeguard is usually both for its partnership companies). Therefore, the liquidity is not affected, although I guess you could make an argument in the direction of potential dilution.

--John
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