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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 93.78+1.7%Jan 9 9:30 AM EST

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To: sowen who wrote (1086)4/18/1997 11:39:00 AM
From: Al   of 14451
 
I guess you're an optimist, Sherman, as this issue has been delayed earlier in the morning. As the downside low, I'm not sure what u mean. Right now, it's @ a 4-year low price of around $14. The downside for the future is clearly unsure except that it continues to disappoint analysts' estimates for what, 4 or 7 straight quarters? All I can tell u is that if you're in for dollar-cost avg. or merely bargain-hunting, it may be okay (long-term: takeover candidate?). However, if you're expecting this dog to fly high in the short term, look closely at the recent threads here as well as their 3Q97 financial statements (look at their revenues & compare their expenses)......

Anyone in for wagers of when Ed will last?
Al
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