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Technology Stocks : Silicon Valley Group

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To: FJB who wrote (938)	9/9/1997 6:45:00 PM
From: marquis103	of 2946

To all: What do you guys thinks of this? It wasn't announced apparently until just before 6 P.M. EDT. Tuesday September 9 5:58 PM EDT Company Press Release Silicon Valley Group Rescinds Stock Repurchase Program SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 9, 1997--Silicon Valley Group Inc. (SVG) (NASDAQ:SVGI) today announced that it has rescinded the 5,000,000 share stock repurchase program announced on July 19, 1996. The company reports that no shares have been repurchased under the program. About Silicon Valley Group Inc. SVG is a leading manufacturer of automated wafer processing equipment for the worldwide semiconductor industry. The company designs, manufactures and markets technically sophisticated equipment used in the primary stages of semiconductor manufacturing. Its products include photoresist processing equipment; oxidation, diffusion and low-pressure chemical vapor deposition processing systems; and photolithography exposure tools that use step-and-scan technology. SVG is listed on the NASDAQ Stock Market under the symbol SVGI. The company's World Wide Web address is: www.svg.com .

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