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To: David Aegis who wrote (1419)1/22/1998 6:54:00 PM
From: spiny norman  Read Replies (1) | Respond to of 2946
 
David, re
>>If not, downside is probably back to $17 per share, which is rough book value and where the stock bottomed out in the summer of 1996.

Keep in mind that in 1996 IBM still had an interest in SVGL, which was subsequently bought by SVGI. I remember reading the investor info at that time and thinking that even if Micrascan was successful SCGI couldn't make much money, given the heavy royalty payments.

regards,

spiny