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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 87.31+3.2%Nov 21 9:30 AM EST

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To: Deep Six who wrote (3318)10/30/1997 1:23:00 AM
From: Paul Jamerson  Read Replies (2) of 14451
 
The NT boxes have been hurting SGI more and more. We're begining to see a company in transition. Here are my opinions and predictions. SGI will make it through this crisis, but the company will come back smaller and with less growth, until the NT transition is complete. MTI is history, the processor under development will be the first to be cut (tomorrow). SGI will go with Merced (Intel) SGI will make an attempt to compete in the low end, but it is unlikely it will succeed. Eventually, SGI will sell Cray, allowing NEC (or any japanese company) to purchase it. Cray was a bad purchase in the first place. I'm sure Mr. Banks will have an opinion on this prediction.

As for the stock price, it will stay arount $12 - $20. It may go up tomorrow because of the lower expense from layoffs and Ed resigning. My prediction is it will go up.

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