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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 93.79

+1.7%

Jan 9 3:59 PM EST

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To: Jojo Mosko who wrote (1187)	4/23/1997 6:24:00 PM
From: Marc Schiler	of 14451

Jojo, Thanks for a substantive reply. I don't think that SGI's troubles are from McCracken's salary, I just don't understand why an executive gets paid anything at all to show successive quarters of disaster. It's a general principle which applies to many excecutives, not just in SGI, either. The most interesting thing which you said was: >People tend to have short memories. It was under Ed McCracken's leadership that SGI increased its revenue and profits ten fold.< As an "owner" of SGI, I am interested in its future. When did SGI increase its revenue and profits ten fold under McCracken? SGI's growth was under previous management, as far as I can tell, and that's what scares me. I don't remember any success since McCracken took over. Could you (or anyone) fill me in? Incidentally, I do think it a good thing if the employees like McCracken, personal loyalty sometimes encourages good people to stay on with a company when things look a little glum.

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