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To: gdichaz who wrote (3353)	7/1/1999 3:07:00 PM
From: Teflon	Respond to of 54805

chaz2, I have tried many times over the past few months to get this Thread interested, but as Uncle Frank would say, "Why do you insist on discussing shiny pebbles on the G&K Thread?" Maybe with time we can win a few folks over to take a further look. I am hoping that people like the lovable LindyBill get really bored of owning just 2 stocks and we may be able to make some further progress in regards to SFE. Teflon

To: gdichaz who wrote (3353)	7/1/1999 3:12:00 PM
From: Teflon	Respond to of 54805

A little SFE news: Safeguard Scientifics Acquires Interest in Vitts Networks Adds to Family of Network Infrastructure Partnership Companies WAYNE, Pa., July 1 /PRNewswire/ -- Safeguard Scientifics, Inc. (NYSE: SFE - news), an information technology (IT) holding company that develops and operates IT companies, announces that it has acquired a 40% interest in Vitts Networks. Vitts is a facilities-based Data-Competitive Local Exchange Carrier (Data-LEC) service that provides Internet access through its FastReach(TM) Digital Subscriber Line (DSL) service as well as high-speed wide area data networks and in-building network outsourcing services. Vitts Networks, headquartered in Manchester, NH, is deploying its advanced technology Protected Service Network which currently serves 20,000 customers throughout the northeastern United States. This network utilizes Asynchronous Transfer Mode (ATM) technology, a networking innovation that integrates LAN/WAN data, voice and video communications into a common network backbone to provide low-cost bandwidth and fast, reliable, and affordable data services. Along with its integration services, application services, and a 24x7 network operation center, Vitts also provides managed Internet services through FastReach, which uses the latest DSL Internet access technology. Jerry Johnson, executive vice president of Safeguard, stated, ''Vitts Networks is at the forefront of Internet access technology, seamless connectivity, and high-speed bandwidth. The company has also organized a strong management team to develop and rapidly grow the business geographically.'' ''Safeguard's growing stable of network infrastructure partnership companies provide Vitts with a network of resources and support. We are excited about the value Safeguard will bring over and above the financial resources they have provided,''said Chris Oliver, founder, chairman, and CEO of Vitts Networks. Teflon