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: Bryan Steffen who wrote (1424)	6/2/1998 7:16:00 PM
From: John Arnopp	Read Replies (1) \| Respond to of 4467

I haven't heard anything, but the Safeguard sell-off was overdue, in my opinion, based on valuation. It seems odd that Safeguard can maintain such a premium at the same time that its most recent rights offerings are having such trouble (OAOT, DOCC). I don't think there is anything specific to DocuCorp, just people unloading in an uncertain market. Don't get me wrong, though, I'm just looking for a buying opportunity to increase my SFE holdings. I think this is a great long-term investment, and I'm excited by the pipeline. More thoughts on possibilities for the next offering: 1) Safeguard splits shares 2-for-1. 2) In Q4 Safeguard offers The Intellisource Group with the same 1-for-5 ratio and $5 exercise price (thereby effectively offering two rights offerings at the same time). 3) Announce other creative strategies for 1999 and beyond. Everyone get ready to buy more SFE if the price drops some more! --John