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


To: robert miller who wrote (1244)3/17/1998 1:08:00 AM
From: michael r potter  Read Replies (1) | Respond to of 4467
 
CCSC is trading at a $2.20 per share discount to its' conversion value based on the closing price for TLAB of $63 5/16. This discount will disappear upon completion of the proposed buyout (assuming that it goes through which appears likely). That puts an effective price of $45.58 on CCSC based on TLAB being $63 5/16. Good news for holders of CCSC and SFE as this would add another $.34 per share to SFE net asset value. Should TLAB break out above $65 with good volume it would be very favorable for TLAB/CCSC and SFE. Investors Business Daily recently highlighted the chart of CATP with favorable implications. Most other major partnership companies act well. Now if CMPC could just get unstuck... Mike