Silicon Graphics, Inc. (SGI) Message Board

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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 87.85

-2.5%

3:59 PM EST

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To: Thomas A Watson who wrote (8820)	4/24/2001 7:14:02 PM
From: Maher Sid-Ahmed	Read Replies (1) of 14451

SGI at this point is a highly speculative investment. Although I doubt SGI will go bust soon, but the shares IMO could stay in the $2 range for several quarters - this is a no confidence vote from WS. About a year and half ago NSANY (Nissan) was trading at $3-with proper management and a good turn around professional the shares are now at $14. I am not impressed with the present management at SGI - Covert seem to have no specific plans and Bishop reminds me of Kosher, the Micron Electronics CEO, who took MUEI when the shares were trading at ~$15 and now the shares are trading close to $2. Bishop does not have the talent for a CEO job. I have reduced my exposure to SGI extensively. I just don't like the high risk associated with a company like SGI.

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