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Technology Stocks : Safeguard Scientifics SFE

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To: michael r potter who wrote (2536)	4/12/1999 3:22:00 AM
From: robert miller	Read Replies (1) of 4467

Michael, How will the ICG IPO be structured? My guess. Issue 10 mil shares @ $20. Present owners will not sell their stake. All new money. These 10 mil shares will represent 20% of the company. Some of the 10 mil shares will be offered to SFE shareholders. This puts the market cap at 1 bil before trading starts. Under this plan SFE would own about 20% of ICG after the IPO. This is all speculation. bob

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