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Technology Stocks : Silicon Graphics

SGI 88.75

-0.6%

3:59 PM EST

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To: Al Perri who wrote ()	2/26/1996 8:15:00 PM
From: E_K_S	of 199

SGI better not break 21 on this news over the next few days! If SGI breaks 21 on volume lower than the previous low it might be the time to buy BUT watch out if it breaks on heavier volume! Look at the chart...the next few days and weeks will be critical from a technical point of view. Overall fundamental news does not look too good for the short term. CNBC said today..."This is a high Risk, High Return purchase". Therefore hold onto your seat for a wild ride. Good luck all SGI shareholders. My sources tell me here in the valley that SGI borad assembly orders have slowed from previous months. This assembly house does out source work for several of the High Tech companies here in Silicon Valley including SGI, Sun and HP. All board assembly work has slowed from the previous month BUT Sun still shows same or higher order rates. SGI and HP are lower! In fact SGI assembly board orders are so low that I asked my source that perhaps they are using another vendor to do the out source work....He said they have not! My feeling is that their mainstream business has slowed down and they saw this opportunity to buy Cray and consolidate their manufacturing using their back log of Cray orders to fine tune their manufactuing assembly process. EKS

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