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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 94.27+2.2%Dec 11 3:59 PM EST

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To: Elroy Jetson who wrote (3020)10/12/1997 7:38:00 AM
From: larry larsen   of 14451
 
Elroy,
> But without the emotional baggage, I
> think the stock is currently a good value.

Right on! There has been a lot of emotional whining on this thread
lately. I took my profits 9/4 @ 28 11/16 after buying last April
@13 7/8. I felt pretty stupid 2 days later when SGI was trading
above 30, but feel pretty smart now. Or lucky - actually, I sold
because I wanted the money to buy IDTI which I believe offers greater
short term potential - especially now. Stocks rarely recover quickly
after a dive like this one. In a Month or so, I'll be back in. SGI
failed to make numbers because sales failed to materialize in time
for the quarter. No big deal. To all the sellers, thanks for the
buying opportunity. To all the whiners, randomly select the charts
of 10 tech companies and look at them - then please explain to me why
you act surprised at a little volatility. And if IDTI tanks, I won't
be whining about it. I know the risks. Maybe you whiners out there
can find a job on Saturday Night Live.

Larry
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