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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 90.20-0.7%Dec 4 3:59 PM EST

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To: Alexis Cousein who wrote (3677)12/3/1997 10:40:00 AM
From: Mathon Dabasir  Read Replies (1) of 14451
 
Alexis: SGI class action suit. <imho> SGI gets its just desserts.

Normally I would agree with you about the shark attacks, but not this time. Having seen & heard SGI comments made firsthand I was appalled at how wrong they turned out to be. In this suit happy society you just can't go out and tell the world you're going to *make* X cents the coming quarter, then come in *losing* X cents. Ouch. Lots of investors got whacked hard.

Whether it was done with malice or by accident, it was done. And shame on SGI for doing it. The insider selling doesn't help them much either.

Just my humble opinion.

Mathon
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