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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 84.66+0.9%Nov 19 3:59 PM EST

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To: Don Green who wrote (10960)5/19/2003 1:45:56 PM
From: MJ  Read Replies (2) of 14451
 
Don and Larry

Just have to "chime in" here-----SGI was on my screen when it was much higher. Then when the market crashed-----I saw a viable, speculative opportunity based on charts and the areas that SGI is in.

Like Larry I bought low, very low-----and when it went to 3 to 4 took some off of the board. Then bought back in when Bishop bought at 81 cents ------not knowing that I was coinciding with Bishops buy---nor do I know Bishop.

For me it is all based on charts-------by the time a company shows tht it is profitable-----a stock is often in the double digits.

No Don it is about anticipation of profits-----by the time the profits come the smart money has already bought and the stocks are much higher.

Will that happen with SGI? We shall see.

mj
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