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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 90.81

-2.0%

Dec 3 3:59 PM EST

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To: Marc Schiler who wrote (1451)	5/15/1997 8:37:00 PM
From: Bill Holtzman	of 14451

Marc, SGI has got to be undervalued to McCracken if he has any faith in himself and his company. Why buy new companies - why not just buy back his own company? Wouldn't it be a great investment? Then they could turn around and offer all the employees options against the bought back stock. I think it would be very bearish if they're not even considering a buyback. Incidentally, I'm in at 40 but have some juicy November calls which I bought after the dive to 13. Bill

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