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

To: John Arnopp who wrote (1146)	2/25/1998 8:12:00 AM
From: David Lawrence	Read Replies (1) \| Respond to of 4467

DALLAS and WAYNE, Pa.--(BUSINESS WIRE)--Feb. 25, 1998-- Safeguard Scientifics, Inc. (NYSE:SFE), the New York Stock Exchange listed strategic information systems company, announced that the registration statement filed by DocuCorp International for an initial public offering of approximately 6,500,000 shares of DocuCorp Common Stock through a rights offering to Safeguard shareholders became effective on Feb. 24, 1998. Prospectuses and certificates evidencing the rights will be mailed to holders of record as of Feb. 23, 1998. It is presently anticipated that the ex-rights date for trading in Safeguard stock will be Feb. 26, 1998. Safeguard shares traded before the ex-rights date will be traded with the rights. Persons owning Safeguard shares will receive one transferable right to purchase on share of DocuCorp Common Stock for every five shares of Safeguard common stock owned. Each right will entitle the holder to purchase one share of DocuCorp Common Stock at a price of $5.00. The rights will be exercisable until 5:00 p.m., New York City time, on March 31, 1998. There will be a minimum exercise requirement of 20 rights. The rights and when-issued shares of DocuCorp have been approved for quotation on the Nasdaq National Market under the symbols DOCCR and DOCCV, respectively, and are expected to begin trading on Feb. 25, 1998. We should be up today to "capture" the rights dividend, and down tomorrow when we go ex-rights.