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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 89.05-1.9%Jan 7 3:59 PM EST

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From: Don Green5/8/2006 3:52:42 PM
   of 14451
 
Silicon Graphics files for Chapter 11
May 8th 2006

We can't help but feel a twinge of melancholy as we ponder Silicon Graphics' announcement today that the company is filing for Chapter 11 bankruptcy. However, the SGI of today is a mere shadow of it former self, with a mixed bag of products that range from overpriced, Linux-based, Intel-powered workstations to overpriced, Linux-based, Intel-powered supercomputers. But it wasn't all that long ago that the SGI Indy was considered the hottest thing on the market, and seemed to herald the future of multimedia computing. Of course, that future was pre-empted first by cheaper Unix and Linux options, and later by Mac OSX and even Windows, which was hardly a factor in the graphics industry back in the early 90s when the Indy debuted. So, best of luck emerging from bankruptcy, SGI. We'd like to see you stick around for a bit just for old time's sake. But if we want one of your boxes, we'll skip the new ones, and hunt down an Indy on eBay.
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