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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 92.28+2.4%Dec 10 3:59 PM EST

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To: vincent bilotta who wrote (1454)5/15/1997 10:58:00 PM
From: P.M.Freedman   of 14451
 
Today's behavior was still not clear for a bullish future. We need to see daily volumes up to at least 3 million plus and closing above $17. Otherwise in short term there is still a possibility down to mid $14. SGI is somehow similar to AAPL. They both have excerllent technologies but keep to lose market shares. The management teams in these two companies are not strong and smart enough to play the games with other competetors (SGI's team is a bit better than Apple's.). Tomorrow will be the day that options expire. Hope that HWP's news won't put pressure on the whole computer sector.
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