Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: michael r potter who wrote (3239)	7/21/1999 1:03:00 AM
From: michael r potter	Read Replies (1) \| Respond to of 4467

With around 25M sh. of CMPC, there is quite a bit of leverage for SFEs NAV if CMPC can do well over the next year or two. [If the market cap of CMPC merely goes from $250M to a still small $500M, it would add almost $4 to SFEs NAV]. The momentum seems to be shifting for the better. CMPCs CEO Anderson resigned, profits were $.05 per sh. and Harry Walessa from SFE is going over there at least for awhile, Tom Lynch [formerly SFE] has expanded duties. Looks like SFE is quite serious about getting a decent return on this investment and their purchase of additional shares in June indicate they are quite committed. Technically, CMPC looks pretty good, and if it breaks above around $5 7/8-$6 would indicate considerably higher. It looks like CMPC will contribute to SFE going forward vs. the drag to NAV that has been the case. If the recent resurgence in small caps continues after a multi-year lull, that would also help. Mike