-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 APM0OfS3QzbP3ZM31CU+CHJdBeNJIF0H/XcbjC3xIB9L9SmfjyEEf0HUm83fFtnr
 xG0ohPs7wI+aHIxYRpSu/Q==

<SEC-DOCUMENT>0001250935-05-000001.txt : 20050617
<SEC-HEADER>0001250935-05-000001.hdr.sgml : 20050616
<ACCEPTANCE-DATETIME>20050617112426
ACCESSION NUMBER:		0001250935-05-000001
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050615
FILED AS OF DATE:		20050617
DATE AS OF CHANGE:		20050617

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LIETZ ANDREW E
		CENTRAL INDEX KEY:			0001250935

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05620
		FILM NUMBER:		05901874

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		6039648850

	MAIL ADDRESS:	
		STREET 1:		P O BOX 738
		CITY:			RYE
		STATE:			NH
		ZIP:			03870

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SAFEGUARD SCIENTIFICS INC
		CENTRAL INDEX KEY:			0000086115
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		IRS NUMBER:				231609753
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		435 DEVON PARK DR
		STREET 2:		800 THE SAFEGUARD BLDG
		CITY:			WAYNE
		STATE:			PA
		ZIP:			19087
		BUSINESS PHONE:		6102930600

	MAIL ADDRESS:	
		STREET 1:		435 DEVON PARK DR
		STREET 2:		BLDG 800
		CITY:			WAYNE
		STATE:			PA
		ZIP:			19087

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SAFEGUARD INDUSTRIES INC
		DATE OF NAME CHANGE:	19810525

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SAFEGUARD CORP
		DATE OF NAME CHANGE:	19690521
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgardoc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-06-15</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000086115</issuerCik>
        <issuerName>SAFEGUARD SCIENTIFICS INC</issuerName>
        <issuerTradingSymbol>SFE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001250935</rptOwnerCik>
            <rptOwnerName>LIETZ ANDREW E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>800 THE SAFEGUARD BUILDING</rptOwnerStreet1>
            <rptOwnerStreet2>435 DEVON PARK DRIVE</rptOwnerStreet2>
            <rptOwnerCity>WAYNE</rptOwnerCity>
            <rptOwnerState>PA</rptOwnerState>
            <rptOwnerZipCode>19087-1945</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2005-06-15</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>25000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.05</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>35000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <ownerSignature>
        <signatureName>Andrew E. Lietz</signatureName>
        <signatureDate>2005-06-16</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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