[bash] How to remove the last character from a bash grep output

you can strip the beginnings and ends of a string by N characters using this bash construct, as someone said already

$ fred=abcdefg.rpm
$ echo ${fred:1:-4}
bcdefg

HOWEVER, this is not supported in older versions of bash.. as I discovered just now writing a script for a Red hat EL6 install process. This is the sole reason for posting here. A hacky way to achieve this is to use sed with extended regex like this:

$ fred=abcdefg.rpm
$ echo $fred | sed -re 's/^.(.*)....$/\1/g'
bcdefg