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Technology Stocks : Silicon Graphics
SGI 89.29-1.1%Dec 31 3:59 PM EST
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To: Fred W. Fletcher who wrote (143)2/26/1996 9:40:00 PM
From: E_K_S   of 199
 
How much cash did Cray have per share on its balance sheet? I heard CNBC say Cray had 250 million in the bank. I looked quickly at the outstanding shares for CRAY and noted there were 26 million shares. Do they really have almost $10.00 per share cash in the bank?? If so, assuming assumption of CRAY debt....SGI's outlay in cash is only $9.00 a share and the rest in equity (and debt assumption). Did I miss something here?

EKS
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