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To: H James Morris who wrote (101536)	4/18/2000 1:19:00 PM
From: Glenn D. Rudolph	Respond to of 164684

>PHILADELPHIA--(BUSINESS WIRE)--April 10, 2000--Safeguard Scientifics, Inc (NYSE:SFE) Chairman and CEO, Pete Musser and President and COO, Harry Wallaesa, said today Safeguard is not abandoning the B2B space, but rather is "sharpening its focus" to include more infrastructure strategy. James, That is what was said:-)

To: H James Morris who wrote (101536)	4/18/2000 1:36:00 PM
From: Bob Kim	Respond to of 164684

HJ, Here's what Blodget said about the SFE story. "Safeguard owns a 14% stake in ICG and views this holding as its vehicle for investing in B2B, which it continues to regard as a major opportunity." BTW, I looked into Blodget's new coverage for 2000. I excluded EBAY since it was basically flat through yesterday's close. The other six were down an average of 64% from the price on the initial opinion and offered an average of 422% upside to his price targets. Only one of those 6 made it on to his core holdings list and it wasn't SFE.