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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 90.15

-1.0%

Dec 9 3:59 PM EST

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To: Jojo Mosko who wrote (3019)	10/13/1997 12:52:00 PM
From: brushwud	of 14451

SGI executives cannot trade during the last month of the quarter. The "quiet time" goes from the last month until two days after the earnings report of each quarter. The post you were responding to showed dates of Rule 144 filings which appear to have been made in September regarding trades in August. Gary Lauer and Dave Orton are certainly in position to have known about weak server and O2 sales, respectively. Since they're limited in the timing of sales, it isn't fair to assume perfidy. Take them at face value, an indication of a good time to sell. > Three of the 5 trades were done well over a month before > the closing of the books, one almost 3 weeks before it. And only > one looks medium-bad (about 10-14 days before the numbers were out).

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