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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)	4/25/2001 9:39:31 AM
From: Ms. Baby Boomer	Read Replies (2) of 14451

<What impact will 20% reduction have?> Think u need to clarify that...20% reduction in operating expenses appears to be BB's goal in attaining profitability due to current economic conditions, ...blah, blah, etc. To put it in perspective, SGI announced 15% global reduction in work force, as compared to CSCO's 18% reduction. The weaker than expected book-to-bill (.64) and CPQ's EPS didn't exactly help the PC sector. Although, SGI did mention that their b-t-b was runnning .8 something? On the other hand, Intel announced the availability of the 1.7's for the high-end workstations and IA-64/Itanium platform is pending 2nd half of this year. The internet isn't going away, it's transitioning...we need the bandwidth....

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