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Technology Stocks : Silicon Valley Group

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To: Dave Grady who wrote (680)	7/16/1997 10:44:00 PM
From: Jan A. Van Hummel	of 2946

Re: Papken Whatever you think of Papken, don't you believe for one minute that he does not have shareholder value in mind. He owns outright and through options over 430,000 shares. It would be incentive enough for any of us mortals to make sure that the value of our precious possession gets enhanced as best as possible. However, in any business you have to make decisions, the impact of which may not be visible until 1 or 2 or even more years down the road. You cannot just make a decision today and reap the benefits tomorrow. I rather see a $200 stock 2 years from now than a $40 stock tomorrow. Jan A. Van Hummel

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