Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: michael r potter who wrote (2968)	5/27/1999 7:02:00 AM
From: Tom Bunge	Read Replies (2) \| Respond to of 4467

Mike, your current views on SFE would be appreciated, considering recent developments: Clear break of 50 day support, down and up moves on the internet sector yesterday, significant internet news coverage recently - Fortune Magazine's rather upbeat tone in today issue, and your particular comments, recently). Can one infer that a bottom has been reached? What are the considerations for timing of re-entry? Do you anticipate the stock to move much upon announcement of the "10 days notice period leading to record date" under the new Directed Share Subscription Program (DSSP)? Actually, and please keep for another post if this is too much, your views about of the potential implications for SFE of its new DSSP would also be welcome. Sounds to me that the SFE stock will gain from wider/Wall Street-type recognition and perhaps recommendations from better known analysts; that gain should more than offset the loss of rights on certain issues; hence one would hold to SFE for SFE's sake rather than for a right to its infants. Currently, Management is talking about a mix of IPO's and rights offerings; not a very clear and credible game whilst analysts and investors like it simple. I personally would interpret this as a cosmetic transition towards complete phase out of the rights scheme, consistent with new times and market practice. Perhaps this too is already in the price. Thanks and wish you a good day! Cheers - Tom