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 (3380)	8/25/1999 7:18:00 AM
From: Micawber	Read Replies (2) \| Respond to of 4467

Mike: Don't you think that ICGE is getting way ahead of itself? Mkt cap approaching that of CMGI. TIA.

To: michael r potter who wrote (3380)	8/25/1999 9:58:00 AM
From: LarryCPA	Respond to of 4467

Mike, According to my calculations as of 9:35 SFE's NAV is 52.45 making a 10% or so premium. If ICGE can hold up, and I think that is a BIG if short term, this is definitely a good time to get SFE as a cheap way into ICGE. You also get the IMHO explosive potential of CVSN as well as the regular stable. I hope the new PR firm starts earning their $$ Larry

To: michael r potter who wrote (3380)	8/25/1999 2:55:00 PM
From: michael r potter	Read Replies (2) \| Respond to of 4467

From yesterday, "SFE looks poised and coiled to go through resistance, possibly very quickly..." SFE, $63 + 4 5/8. SFE is doing well today matching ICGEs move in terms of its contribution to SFEs NAV. What is good to see is the increase in volume the last 20 minutes as buyers are getting the ICGE-SFE connection, and technical types see SFE taking out resistance. A lot of trades crossing the CNBC tape on SFE the last 20 min. 5 minute chart confirms the big pickup in volume. Still no premium expansion. SFEs movement really is hostage to ICGEs, as it is the only volatile component of NAV, [that has meaningful, short term impact on NAV] and its contribution is now well over 50%. Kind of interesting to see a private venture [ICGE] that was part of SFEs portfolio a year ago, now commanding a higher value to SFEs market cap than their current interest in all previous rights offerings combined including Tellabs. A year ago, the market was assigning virtually zero value to SFE ownership of ICGE, as it was a private holding and SFE was trading pretty much at its NAV of previous offerings. A good argument for paying a premium over NAV, most of the time, as no one really knows how those current private holdings will do over the next year or two, once monetized. Nice day for Tellabs also. Mike