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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 89.75-0.3%Dec 23 3:59 PM EST

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To: Jeff Maresh who wrote (2914)10/6/1997 8:52:00 PM
From: Bill Holtzman   of 14451
 
Jeff: Darkness, despair, doom, dizzying drop into death...

I'm beginning to think that Jim Clark was SGI. Without him maybe they're just a bunch of "gee-whiz" engineers whose lunch gets taken everyday at the school of business. Everybody needs to be objective and ask yourself if:
a) you're in love with this stock
or
b) you refuse to admit failure

One thing to look at is the chart. If you look at the weekly chart something pops out: a head and shoulders bottom. I'm a very amateur chartist but maybe someone else could analyze this. If it were an H&S bottom, it won't go below 18 and the target price would be 45 (log scale). Probably just a ray of hope in a tunnel of doom...

I love this game (even when it hurts like hell!!)
Bill
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