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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 91.07-0.9%3:59 PM EST
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To: James M. Bash who wrote (3388)10/31/1997 12:14:00 PM
From: kormac   of 14451
 
Hello fellow shereholders. I still believe that SGI is going to be
bought. The fact that Ed said in his press release that SGI is not
for sale is something he must say if the negotiations are not
complete. The rumor in the SF papers was that IBM would the buyer.
This morning I heard from somebody at Fido that HP is talking to SGI
right now. Don't put much credence to this however, since the rumors
are natural outgrowth of the turmoil at SGI. There are only so many
possible companies that could buy SGI and HP is certainly a strong candidate. I do not buy stock because a company might be a take-over candidate.

I use SGI computers and believe in their products. Have been doing so since 1990. One reason that my deparment started to
buy SGI's was that it seemed that SGI develops great technology
in the high margin products and systematically brings it to low
end products. The Cray purchase was in my view part of this strategy.

Best regards, Seppo
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