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Technology Stocks : Silicon Valley Group

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To: FJB who wrote (949)	9/10/1997 2:01:00 PM
From: David Aegis	of 2946

Here's a link to Tinsley's financials: www1.wsrn.com and here's the recent Tinsley chart: tscn.com Pappy sure isn't shy about paying a premium. Based on the conversion ratio, SVGI is paying $22 per share for Tinsley. Tinsley was trading at around $10 per share prior to the announcement. IMHO, Tinsley has great financials and is probably worth a lot more than $10 per share. It is probably worth $22 as a stand alone, and hopefully more to SVGI due to synergies. I am left wondering why Tinsley never popped up on my radar screen of potential stock purchase candidates. Back to the drawing board... --David

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