Silicon Graphics, Inc. (SGI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 91.75

+1.9%

Dec 26 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Holtzman who wrote (6220)	7/15/1999 7:23:00 PM
From: sea_biscuit	Read Replies (1) of 14451

Yeah, I've been here for more than 2 years now. Bought some at 13, and then, foolishly averaged up a few months later at 27+, only to see the stock fall to 18 within a week's time! There was something odd about the way it all happened (the quick run-up to 27 and the sudden fall to 18) that I began suspecting that the management was playing games with genuine investors like me. Since then, I have noticed similar things happening a few more times (run-ups from 13 to 18+, followed by the release of bad news, followed by the inevitable journey back to sub-13 levels again). I have absolutely no trust in the management of this company. All I want to do is to break even at 20+, and get off this one. But that is not happening. And it looks like we are headed back to "lucky 13" again here.... At some point, I will have to stop "watering this weed" (to use Peter Lynch's expression) and just GET THE HELL OUT OF THIS!! I just want to complete 3 years (by April 2000) before doing that. Think of it as self-flagellation. I want to punish myself so much that I will think a hundred times before investing in a company like this again!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next