Silicon Graphics, Inc. (SGI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 94.00

+1.1%

Jan 16 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: dd who wrote (8400)	12/15/2000 1:34:33 PM
From: Maher Sid-Ahmed	Read Replies (1) of 14451

SGI is a turn around story. The new COO/CFO has stated in the last quarter that revenues will increase by 20%. They have entered the quarter with $300 million in back orders. If he can deliver on his prediction then the share price can easily climb to $7 or even $10. If he returns to profitability and improves his cash position then the share price can climb much higher. We are all in a wait and see mode and no one can predict what will happen. A board member showed his confidence in the present management by buying SGI shares using $250,000 of his own money at $4.25.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next