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

To: robert miller who wrote (2546)	4/12/1999 11:37:00 AM
From: still learning	Read Replies (1) \| Respond to of 4467

Let's play that out, though. Say 26% or 2.6 mm shrs are reserved for SFE holders. Let's say allocation is 1 for 10 (I know this doesn't add up, but it makes the math easier. In reality it would be 1 for 11 or thereabouts) Assume ICG does about average for an internet day 1 and goes to $70 share 0r $50 above IPO price. Assume SFE is trading at $100 and for every 1,000 shares of SFE you get to buy 100 shares of ICG, giving you a profit of $10,000 "bonus" on a $100,000 invbestment. Too bad SFE doesn't have a few more ICGs in its bag of tricks. (For John Arnopp's sake) we'll call that a dividend of $10.00 per share, in lieu of a rights offering. Again, still all speculation, but interesting to see how the math holds out.