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

To: John Arnopp who wrote (2535)4/12/1999 11:20:00 AM
From: still learning  Read Replies (1) | Respond to of 4467
 
Disagree. Without rights, but with "IPO Rights" as the subscriptions would be, they can offer a greater # of shares to SFE holders -- simply increase the offering size. Also, at FMV, the IPOs instantly hit SFE NAV. Difference in "dividend" is the delta between $5 and $XX they go IPO for. But we more than make up for that by being able to bring more companies public more quickly. The rights take time, straight IPOs are faster.


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