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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 87.85-2.5%Jan 30 9:30 AM EST

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To: Ms. Baby Boomer who wrote (8811)4/23/2001 11:37:01 AM
From: Maher Sid-Ahmed  Read Replies (1) of 14451
 
Too late to put a positive twist on bad earnings. It is obvious that neither Bishop nor Covart have the experience to turn this company around. Two quarters ago they should have reduced their overhead. I don't think a reduction by 1000 employees will bring them to break even. Bishop seem to be too slow, reminds of the CEO of Micron Electronics, and Covart does not seem to have a specific plan, except how to arrange spending.
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