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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 89.66

+1.0%

3:59 PM EST

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To: Natty who wrote (1129)	4/19/1997 11:54:00 AM
From: Arul K. Edwin	of 14451

I just did similar calculations for SHIVA (SHVA), and came up with a book value of about $5 (approximate), and looks like SHIVA has bottomed out around $8ish. If same logic holds, SGI should bottom around 11 to 12 range. Staggering the order from $10 to 12 could be a good strategy...but as you know, wall street never follows Logic! But I feel, in the long run, betting on SGI now has a greater chances of upside than downside....just they need to digest Cray and move on......

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