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: Stormweaver who wrote (3952)	1/8/1998 2:26:00 PM
From: Sultan	of 14451

It is trading close to book value. Still losts of cash. With last rounds of lay-offs, it should be back in black if not this qtr. then the next. If they manage to hire some high profile ceo and get their marketing and operational control in place, then the shares will bounce back. Ofcourse, there could be some down side if the coming qtr is missed. Compare it to Apple which has had equally tough time but still around and during all this time if some one had traded the stock, would have done quite nicely. I feel SGI still has enough life and energy left to survive. Either case, I still have this on my watch list although I have no position at this time (sold mine in Jan/.Feb of last year).

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