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

To: still learning who wrote (1986)	11/16/1998 7:25:00 PM
From: John Arnopp	Respond to of 4467

Wow! The NAVel prize! Then I could get a job at Long Term Capital Mismanagement. Oh, wait, I'm already doing that.

To: still learning who wrote (1986)	11/17/1998 1:37:00 PM
From: John Arnopp	Read Replies (1) \| Respond to of 4467

OK, I e-mailed Michael Legg at Prudential, and got this response: The numbers quoted refer to SFE's Market cap -- not the NAV of the underlying securities. which was very nice and helpful of him. Re-reading the paragraph, it could be interpreted that way (still a bit confusing, though). I guess that means we can assume that our NAV numbers are mostly correct, huh? --John PS: Looking at CATP, TLAB, CMPC, and SCAI (all down) the premium is going to be incredible if SFE stays at this price!