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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 88.98

+11.8%

Nov 6 3:59 PM EST

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To: MJ who wrote (14282)	2/1/2006 3:13:25 PM
From: Wes	Read Replies (1) of 14451

I'd hoped the Market would give Mr. McKenna a little "Honeymoon" but the poor revenue numbers are too much to overcome today. All the gains of last week are gone and it looks like we are back to treading water. At the CC poor McKenna was pushed into the limelight without much time to prepare and it showed...but at least he acknowledge the fact and stated he would have more detailed answers at the next CC, if not before. For example, McKenna ducked a response to the RS proposal and simply said it was a shareholder/BOD decision. True enough, but hardly exhaustive of the subject. We'll see what he has to say later. Anyway, with the lackluster revenue numbers, I cannot imagine the shareholders are going to be a happy group at the meeting. The RS proposal is going to have an uphill battle I think. The big shareholders will decide the measure. It will probably pass but the vote will be close.

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