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Technology Stocks : Safeguard Scientifics SFE

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To: David Lawrence who wrote (2023)11/24/1998 12:59:00 PM
From: Bryan Steffen  Read Replies (1) of 4467
 
I have always heard and IMO believe, that the best use of cash when no other interesting or profitable options are available is to buy your shares back. This is the message I would take from the announced additional buybacks:

We at SFE can't find any new investments worthy of making, except for that in our own company. Additional portfolio companies that have the potential to add value do not exist or are not worth their price.

Since most people following this thread are in it for the rights offerings, This sounds like a sell signal to me!

just an opinion from a someone who used to own shares.

Bry
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