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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 87.85-2.5%Jan 30 9:30 AM EST

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To: Charles Tutt who wrote (1052)4/17/1997 7:28:00 PM
From: Mahmoud Hussein   of 14451
 
Charles: Would you price SGI as worth 0.1EPS x 20=$2.00last quarter? What about if there was a loss or 0.0 EPS?
My point is that PE ratio and current earnings are useless in measuring a companies present value.
Book value is approx $9.50 and Cash $1.69/sh. Revenues are growing 15%. Once the merger and re-organization is complete topline growth will flow to bottom line. Let's hope that happens soon.
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