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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: Irv Klein who wrote (1088)	4/18/1997 12:06:00 PM
From: Al	of 14451

True, Cray Research just doesn't have that 'synergy' relationship that SGI was expecting when it paid god knows what (comparisons to Quaker buying Snapple, anyone?). The international sales are a good pt for SGI as well as their revamping of their product line. However, growth just doesn't matter when the bottom line EPS is the top of all analysts' minds. As I and everyone had expected, all financial houses are now lining up to downgrade this issue. I've just recently seen institutions downgrading estimates as much as a dollar per share this fiscal year. Has anyone told Ed McCracken that he's actually suppose to earn his money for portraying a CEO (yes, I will continue to bash this guy until he's out)..... I can't tolerate this continuance of disappointing earnings (3 cents compared to .27 estimated - unreal)! Al

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