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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 90.81-2.0%Dec 3 3:59 PM EST

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To: Bill Holtzman who wrote (1468)5/17/1997 8:01:00 PM
From: Jeff Maresh   of 14451
 
Hi Bill - Soft sales overseas has been a big problem for SGI in the past 2 years according to 10K's and 10Q's and it has partly been caused by the strong dollar. It has also been caused by the bad Euro recession which still shows no sign of ending. But at least the news from Japan is a good start.

So coincidently SGI has been in the least favorable position with reengineering products, eating Cray, and intl sales pressures and now it looks like its changing.

>I agree a lower dollar will boost SGI share price. The stock hit the 40's when
>the dollar was getting creamed, down to about 90 yen. It seems to me that all these
>quarters of disappointing earnings correspond timewise to the rise of the dollar.

Also, I noticed you work for ATC. I work on the sims down at Moroney Aero Center in Ok City. :-)

Regards
Jeff
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