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Technology Stocks : (SGI) Silicon Graphics and Related Companies
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To: jdsh who wrote (991)10/27/2006 12:43:08 PM
From: MJ   of 1015
 
Welcome to this board.

When I started this board, I did so because of the strong possibility for a "return to profitability for all investors"-----also to learn the truth about SGI.

What I learned was that the truth was not evident in the press releases. These gave the appearance of a company with many contracts and working partners solving many problems throughout the world.

Starting this board coincided with the public announcement of the hiring of Alix Partners.

This seemed so reasonable-----hire a professional firm to analyze and to advise the company on steps needed to be profitable. Ultimately, the truth that came out was that the professional firm hired to advise was an expert in restructuring firms through the bankruptcy process.

Of course, shareholders never had a written report from Alix Partners or an open meeting to hear their plan----just as we never heard appointed CEO McKenna's plan as he promised.

The only communication we received were via the press releases and the conference calls with Bishop that promised a return to profit before and when Alix was hired.

Your use of the words "ethics" and "ethical" are very appropriate words to use.

Like you, I question the ethics of this takeover.



mj
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