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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 87.85

-2.5%

3:59 PM EST

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To: Don Green who wrote (8790)	4/23/2001 10:25:31 AM
From: Ms. Baby Boomer	Read Replies (1) of 14451

<Surprise Surprise!> From Briefing.com 4/23: PC Sector SGI - Before the open, reported Q3 loss of $0.24 a share, $0.01 better than the First Call consensus Revs down 9.6% vs last year Co will cut close to 1,000 jobs in June 2001 Q Will take a $60-$80 mln streamlining charge in June Q Should see cost reductions of nearly 20% ----------------------------------------------------------------------------------------------------------------------------------------- Alias/Wavefront @ NAB 2001 Alias\|Wavefront is demonstrating Maya 4 for IRIX and Windows NT/Windows 2000 at the National Association of Broadcasters Conference (NAB) at the SGI (S4132), Compaq (M9024), HP (M8771) and Quantel (L11520) booths. Maya on Mac OS X will be demonstrated at the Apple booth (M9131). biz.yahoo.com FYI, mutual fund shareholders pulled a net $11.1B from stock-based mutual funds April 3-5...how foolish, missed the rate-cut bounce.... (Source: TrimTabs.com Investment Research)

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