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Technology Stocks : Silicon Valley Group
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To: FJB who wrote (1212)10/24/1997 3:33:00 PM
From: Ritz  Read Replies (2) of 2946
 
Robert:

Thanks for the link. Just because IBM is selling its stake in SVGI is no indication of IBM's losing confidence in SVGI's product. The 500k or so shares were received in return for IBM's having helped finance the Micrascan III R&D. They did not mean to be, and never wanted to be, an investor in SVGI stock.

-Ritz

P.S. I told you guys SVGI would drop back below 29: techstocks.com
Didn't think it would take 3 months though! Back in big time at 26.....
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