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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 83.87-2.5%Nov 18 3:59 PM EST

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To: Mike Chen who wrote (2082)7/27/1997 1:43:00 PM
From: ernie de la fuente   of 14451
 
I think that is a fair observation assuming you have based it on facts. Please give me some examples of known short-sellers that were behind the articles and let us know how you determined such to be factual as I think it is a very important observation worth exploring! One thing that is certain, the share price didn't drop to the low teens because things were going well! I am just trying to caution folks who made a bundle here to not be greedy like the folks at HEC(I told those guys to take profits in the high 6's). It is tough to go poor taking profits and buying again. Do you feel that SGI will not drop below $25 AT ALL in the next few weeks? If no, hold those shares forever, if yes, sell at $25+ and put your limits in like I did. Technically, it is very obvious where this will bounce IF it does drop again!

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