Silicon Graphics, Inc. (SGI) Message Board

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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 91.52

+0.9%

Nov 28 9:30 AM EST

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To: Mathon Dabasir who wrote (3577)	11/17/1997 3:03:00 PM
From: Brett Behm	Read Replies (1) of 14451

<Obviously you see something or you wouldn't be buying SGI today.> Here is the delima one faces when buying this stock or any like it. If you wait for SGI to fundementally come back (like I thought I waited after the 4Q), you end up buying at a much higher price. I was watching it the last time it visited the 12 range and ended up buying at 24 1/2. Unfortunately, SGI is not going to hover around 13, get it's act together, allow us to load up, and then zoom to 25 or 30. By the time we outside the inner loop average investor know things are fundementally changing it will already be a double. So what you have to do if you want the biggest move, is to gamble a bit and load up early. Technicals alone (which are firming up a bit in the last 2 days) could push this stock up past 17 on no news at all. <I respect your patience and I'm very interested in hearing why you're long SGI.> We are long because we think 14 bucks a share is pretty good price for a big revenue advanced technology computer company. It's tough to find one selling at more of a discount.

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