<ARTICLE> 5
<LEGEND>
SAFEGUARD SCIENTIFIC, INC.

Exhibit 27 - FINANCIAL DATA SCHEDULE

THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION 
EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AS OF JUNE 30, 1995
AND THE CONSOLIDATED STATEMENT OF OPERATIONS FOR THE SIX
MONTHS ENDED JUNE 30, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<MULTIPLIER> 1,000
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1995
<CASH>                                          11,581
<SECURITIES>                                         0
<RECEIVABLES>                                  240,676
<ALLOWANCES>                                     2,566
<INVENTORY>                                    151,657
<CURRENT-ASSETS>                               405,557
<PP&E>                                         100,557
<DEPRECIATION>                                  39,739
<TOTAL-ASSETS>                                 581,739
<CURRENT-LIABILITIES>                          201,935
<BONDS>                                        210,147
<COMMON>                                         1,093
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     124,655
<TOTAL-LIABILITY-AND-EQUITY>                   581,739
<SALES>                                        713,731
<TOTAL-REVENUES>                               725,379
<CGS>                                          585,003
<TOTAL-COSTS>                                  585,003
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              10,114
<INCOME-PRETAX>                                 17,296
<INCOME-TAX>                                     5,533
<INCOME-CONTINUING>                              8,302
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     8,302
<EPS-PRIMARY>                                     0.79
<EPS-DILUTED>                                     0.72