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: John Arnopp who wrote (1203)	3/9/1998 11:20:00 AM
From: Rick Hudson	Respond to of 4467

Good day so far - up 1 3/8 at 11AM - 2 news releases out - Increased Authorization for Repurchase on open market and some changes in management. Look like a good year with SFE for me. Just wish I bought more! Regards, Rick Safeguard Scientifics Announces Increased Authorization for the Repurchase of Its Stock WAYNE, Pa., March 9 /PRNewswire/ -- Safeguard Scientifics, Inc. (NYSE: SFE - news), the New York Stock Exchange listed strategic information systems company, announced today that its Board of Directors has authorized the repurchase of up to $20 million of the Company's common stock periodically in the open market when conditions and prices are favorable. In March 1997, the Board of Directors authorized the repurchase of up to $20 million of the Company's common stock, of which $10.3 million has been spent to date. This recent Board action resets the Company's authority to repurchase its shares of common stock to $20million.