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

To: still learning who wrote (1984)	11/16/1998 7:03:00 PM
From: John Arnopp	Read Replies (1) \| Respond to of 4467

Yes, my numbers (http://www.bluering.com/SIP/sfe_nav.html) are a little lower than yours, mainly due to the number of TLAB shares. I know Safeguard is reporting 3.487 mm shares on their site (http://www.safeguard.com/rights_offering.html), but we also know that they sold 800K shares this quarter (reported during conference call). It's significant, so I use it. So my calculation for Safeguard's public portfolio market cap is $691,264,080 as of today's close, or $19.76 NAV per share. I'll check with IR at Safeguard tomorrow, but I don't know if they'll give an guidance. --John