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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 91.75

+1.9%

Dec 26 9:30 AM EST

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To: Bill Holtzman who wrote (6249)	7/22/1999 2:24:00 AM
From: Don Green	Read Replies (1) of 14451

Fm: Briefing.com: Silicon Graphics Inc. (SGI 16 unch) Here's a big surprise... SGI not only beat estimates, it destroyed them... Company posted Q4 net of $0.12 a share, $0.17 ahead of the First Call estimate and miles ahead of year-ago loss of $1.17... Revenues rose 7.1% to $828.6 mln... Could company be back on growth track?.. Expect market to give it the benefit of the doubt and bid stock sharply higher in today's action... First resistance at 20 7/8 (52-wk high).

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