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

To: John Arnopp who wrote (2258)2/11/1999 11:07:00 PM
From: lrrp  Read Replies (1) | Respond to of 4467
 
OT: John, have you looked at all at the vert prospectus and if so what do you think of the bus plan and what the co is worth? thanks



To: John Arnopp who wrote (2258)2/12/1999 2:18:00 PM
From: David Lawrence  Read Replies (1) | Respond to of 4467
 
John,

Do you get rights with the convertibles? I doubt it. However, you have to come up with them if you are short the stock. That could hurt. There is also margin requirement consideration on the short side of the transaction - that probably offsets the interest income.

In other words, I'll have to think about it some more. :-)


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