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


To: Otho Fulton Tapp who wrote (3309)8/3/1999 12:49:00 AM
From: robert miller  Read Replies (1) | Respond to of 4467
 
Ortho,

Estimated pricing for USIT. This is an increase over $10-$12.

Company Proposed
Symbol Shares Estimated
Price
August 3 SPLITROCK SERVICES, INC. SPLT 9,000,000 $10.00 to $11.00
August 4 FAIRCHILD SEMICONDUCTOR INTERNATIONAL, INC. FCS 20,000,000 $17.00 to $20.00
August 5 HOMESTORE.COM, INC. HOMS 7,000,000 $8.00 to $10.00
August 5 MISSION CRITICAL SOFTWARE, INC. MCSW 3,500,000 $14.00 to $16.00
August 6 BRAUN CONSULTING, INC. BRNC 4,600,000 $10.00 to $12.00
August 6 HOTJOBS.COM, LTD. HOTJ 4,750,000 $12.00 to $14.00
August 6 INTERACTIVE PICTURES CORPORATION IPIX 4,200,000 $12.00 to $14.00
August 6 TUMBLEWEED SOFTWARE CORPORATION TMWD 4,000,000 $12.00 to $14.00
August 6 U.S. INTERACTIVE, INC. USIT 5,200,000 $14.00 to $16.00
August 6 WOMEN.COM NETWORKS, INC. WOMN 3,750,000 $10.00 to $12.00
Week of August 2 DATALINK CORPORATION DTLK 2,600,000 $9.00 to $11.00
Week of August 2 FTD.COM, INC. EFTD 5,500,000 $13.00 to $15.00
Week of August 2 GREATFOOD.COM, INC. GTFD 2,500,000 $10.50 to $13.50
Week of August 2 HEALTHGATE DATA CORP. HGAT 4,600,000 $10.00 to $12.00
Week of August 2 INTERNET CAPITAL GROUP, INC. ICGE 16,250,000 $10.00 to $12.00
Week of August 2 INTERWORLD CORPORATION INTW 3,000,000 $14.00 to $16.00

bob



To: Otho Fulton Tapp who wrote (3309)8/5/1999 10:20:00 AM
From: Jimbo Cobb  Read Replies (1) | Respond to of 4467
 
SFE getting CRUSHED 2-day !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Jimbo.



To: Otho Fulton Tapp who wrote (3309)8/6/1999 11:18:00 AM
From: Sam Citron  Respond to of 4467
 
<<Called broker today, he took my order to buy 5 sh. of USIT and 10 sh. of ICGE. Fee is $35 each...Probably not worth my while but I will find out how the system works.>>

Ouch. That's a stiff "re-org fee", even if you made your nut this time on the extraordinary performance of ICGE. I thought my broker was high w/ a $25 reorg fee. Interestingly, they charge $35 if you cancel or change your order prior to IPO. I may shop around for a discounter with a lower reorg fee and place my SFE shares there if these spinoffs are going to become a way of life.

I'm also "learning how the system works". Glad I got 50 ICGE, but my 500 SFE are under water for now. It looks as if one way to play the game is to load up with SFE on the record day of the rights offering, or possibly a few days earlier if stock clearing is required (anybody know?), and then to pare SFE back to the desired normal position. I would guess that what we are seeing in the last couple of days is some hot money leaving the stock that will probably return once the next attractive rights offering is announced, assuming B2B net offerings are still in favor.

Of course, the caveat is that SFE could rewrite the rules at any time.<G>