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Non-Tech : Silicon Valley Bancshares (SIVB)

SIVB 0.00600

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Nov 7 4:00 PM EST

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To: ALBERTO who wrote (25)	7/16/1999 3:11:00 PM
From: Robert Douglas	Read Replies (1) of 56

Quarterly results look good. biz.yahoo.com EPS for quarter were $.43 but the most interesting part comes from the progress in nonperforming loans. "Nonperforming loans at the end of the 1999 second quarter were primarily composed of four commercial credits...The first credit is ...aproximately $7.0 million that is expected to be repaid in full during the third quarter of 1999. The second credit... received payment on... totaling $2.0 million during the second quarter....Management believes each of these (4) credits is adequately secured with collateral and reserves..." -Robert

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