SI
SI
discoversearch

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: David Lawrence who wrote (1610)8/25/1998 8:24:00 PM
From: llwk7051@aol.com  Read Replies (1) | Respond to of 4467
 
David, DTPI was issued in a terrible market as I recall. It started out with a very low premium. Shortly after, the whole small cap area and sfe rebounded.
Off the subject,it looks like a lot of our stocks positions are similar, I hope you have some that are behaving better than some of my holdings.
Good luck,
Robert D.



To: David Lawrence who wrote (1610)8/25/1998 11:49:00 PM
From: John Arnopp  Read Replies (1) | Respond to of 4467
 
David,

They may be delaying for market conditions to improve, but I thought that was part of the whole point of the rights offering process: a receptive, knowledgeable base to receive the IPO. You know, something like 97% exercise rate, 65% individual ownership, etc.

Anyway, you are probably right (if they are delaying), since maybe Safeguard is tired of supporting these offerings for long periods (they must have better things to do with their cash than buy OAOT, DOCC, and CVSN, but maybe not).

Maybe they should just issue convertible warrants or something, instead of shares. Low liquidity, but it would force investors to hold until a good price and trading range for a more mature company was reached.

And I'm sure everyone's stocks are doing better than mine :-o

--John