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Technology Stocks : Safeguard Scientifics SFE -- Ignore unavailable to you. Want to Upgrade?

To: llwk7051@aol.com who wrote (3044)	6/7/1999 4:30:00 PM
From: avanti77	Respond to of 4467

Good info, Robert. Thanks. I found this recent info on the bull-market.com website. (p.5). $$$$$ SAFEGUARD SCIENTIFICS TO SPIN OFF IPO SOON The firm set June 14 as the record date for participation in its directed share subscription program for the initial public offering of Internet Capital Group's common shares. Shareholders will receive an offer to purchase one share of Internet Capital Group for each 10 shares of Safeguard held on the record date. Holders of at least 500 Safeguard (SFE) common shares will be able to purchase and hold Internet Capital Group shares directly. COMMENT: We just got a note in the mail from the company, since we hold a few shares. If the market is strong when it finally IPO's, this could be a big impetus to higher stock prices for this public, Internet venture capital firm. SFE is one of our favorites and we will be looking to add to our position on Monday if the market is calm and positive. I continue to feel optimistic about some of the beaten up tech and internets as we head into earnings season, and will re-evaluate in 4-6 weeks.