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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 91.87+1.8%Dec 5 9:30 AM EST

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To: Mathon Dabasir who wrote (3682)12/4/1997 11:15:00 AM
From: Alexis Cousein  Read Replies (1) of 14451
 
>In your last post you also stated being wrong about future sales
>and/or earnings predictions is not an offense. I disagree, being
>wrong is offensive when costs shareholders money.

'Being wrong sometimes' is a fact of life, because the future cannot be predicted with certainty. Otherwise, I don't think any of us would be making any money on shares, BTW. If you're offended by facts of life, you're going to have a hell of an unhappy life.

>must abide by per the SEC.

Of course. That doesn't imply all managers in all companies have to turn into instant perfect creatures.

>Bottom-line: If you're a publicly traded company and inflect positive
>earnings that don't happen. You pay a heavy price.

No need for magnifying glasses to see that on a graph of SGI's recent stock performance :{.
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