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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 94.58

-0.4%

Jan 22 3:59 PM EST

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To: miklosh who wrote (6746)	1/18/2000 5:10:00 PM
From: Thomas A Watson	Read Replies (1) of 14451

Well, I must say that I'm glad they stopped trading. I had a few day old gtc 1000 share sell at 10 1/2 and I placed a 10 1/2 and was placing another 10 1/2 for a 2k more. Now I hope we don't see selling on the news but enjoy a nice pop, push tommorrow. Damn, now I have to figure out all over again when to take short term profits and see where the new trading range will be. On the other hand if it is few bucks up, I guess I should not bitch to much. Oh I was speaking with a pro trader friend of mine. I was trying to see if he had any access to news. He looked at the last msdw report and it had sgi sum of the parts at 11 a share. But that was based on 4 a share for mips at a price of 29. So if you believe their analysis you might conclude that SGI has a sum of the parts value of 14 to 15 bucks a share. TOm Watson tosiwmee

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