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


To: John Arnopp who wrote (1169)2/26/1998 12:51:00 PM
From: still learning  Read Replies (1) | Respond to of 4467
 
The rights often take a few days to show up and even then the automated system says "you have securities that cannot be valued" (paraphrasing).

Yes - the postcard came. I assumed I would only get one mailing and that it just changed form.

I don't know about institutions, but I think ex rts is usually a great time to buy. The stock usually goes down in value *more* than the dividend value -- especially if we're talking $.80 in dividend (at $9, $4 premium on DOCC over rts cost /ratio of 5=.8 per shr)

Also, even if it's $1 shr dividend, SFE almost always falls more than dividend value (say $2-3). The irony is that's when it's a better deal because not only is there the built-in value, but there is one less "unknown" -- private companies with no market valuation alloted.



To: John Arnopp who wrote (1169)2/26/1998 5:01:00 PM
From: David Lawrence  Respond to of 4467
 
>>THEN WHO IS DOING ALL THIS TRADING?

Mutual funds (and institutions) that hold SFE but do not want to hold the IPO. They have a tad more clout than we do when it comes to trading rights that have not been credited to their accounts.