Silicon Graphics, Inc. (SGI) Message Board

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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 91.87

+1.8%

Dec 5 9:30 AM EST

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To: Bill Holtzman who wrote (3709)	12/5/1997 10:33:00 PM
From: Brad Zelnick	Read Replies (1) of 14451

Someone could call Investor Relations to ask if this is Company buying its own shares. I would suspect that the drift below 13 was from Tax selling. Most of the tax selling should be over by now. In fact this is exactly the time of year that I do my January Effect buying. I very much appreciate the way the price was reduced. Frankly, I just don't see much, if any, risk at these prices. Back out depreciation and you'll see there isn't any cash burn. Hack out a little R+D and profits will appear. I suspect that revenue levels, not the bottom line will influence near-term stock price. Is there a yearly option pricing time?

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