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


To: John Arnopp who wrote (1067)2/4/1998 12:01:00 AM
From: ncs  Respond to of 4467
 
SFE is for investing, LEAPS would be for trading. Since I don't have enough money to buy all the SFE I'd like to, LEAPS would give you the upside once SFE's enchanced rights offering schedule get notice by wall street.

Neil



To: John Arnopp who wrote (1067)2/4/1998 1:06:00 AM
From: David Lawrence  Respond to of 4467
 
SFE options are very complicated. Every time they go ex-rights a new series comes out. Anyone buying or writing the options should be very careful to understand the underlying security and the rights and/or obligations that go with it.



To: John Arnopp who wrote (1067)2/5/1998 11:14:00 PM
From: William R. Polk  Read Replies (1) | Respond to of 4467
 
John, one of the companies prominently mentioned by SFE at the Emerald Conference was Intellisource. SFE CEO mentioned Intellisource had $70 million in revenues which is just about the size SFE likes before bringing a company public. Here is a recent press release from Intellisource which describes a 10 year contract to provide services to some electrical utilities in the Wash., D.C. area.

>>Greater Washington, D.C., Electric Cooperatives Choose Intellisource to Provide Support Services

Information technology and telecommunications part of ten-year agreement

FAIRFIELD, CONN. (January 12, 1998)--The Intellisource Group, a national
services integrator specializing in strategic outsourcing solutions,
announced today it has reached an agreement with three electric
cooperatives in greater Washington, D.C., to supply various support
service functions. The ten-year agreement involves Intellisource taking
the cooperatives from a mainframe IT system to a client-server
environment.

Under the agreement, which became effective January 1, 1998, Northern
Virginia Electric Cooperative (NOVEC) and Rappahannock Electric
Cooperative (REC) will outsource all information technology activities
to Intellisource, while Southern Maryland Electric Cooperative (SMECO)
will outsource both its information technology and telecommunications
functions.

"This engagement ties us even closer to the electric utility industry
and gives us a presence in the Washington area," says Charles H.
Gibbons, founder and CEO of Intellisource. "It also supports our
corporate strategy of acquiring new skills and capabilities with each
new engagement and leveraging them for the benefit of all customers."

In addition to meeting the three cooperatives' individual needs,
Intellisource will work with the cooperatives collectively to implement
a major information technology project over a three-year period. This
project involves transferring to Intellisource the cooperatives' IT
employees as well as project management and ongoing operation of the new
information system.

"These progressive electric co-ops have recognized that a relationship
with Intellisource will enable them to realize cost savings through
economies of scale and gain a more defined focus on their core
competencies," says John A. Cutrone, Intellisource vice president of
utility marketing. "In addition, we'll have a system that is easily
transferable to other electric cooperatives."

Intellisource, with corporate headquarters in Fairfield, Conn., and
operational hubs in Atlanta and Houston, is a Safeguard Scientifics Inc.
(NYSE:SFE) partnership company. With annual revenues of more than $2
billion, Safeguard is a unique partnership of entrepreneurial companies
focused on information technology markets. In addition to the utility
industry, Intellisource also works with companies in the energy,
healthcare, technology and financial services fields.
CONTACT:
Bob Porter
Intellisource
(770) 270-7184
Tricia Molloy
Molloy Communications
(770) 565-1231>>