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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Cornstock who wrote (8810)12/4/1997 9:06:00 PM
From: Esteban  Read Replies (1) of 79308
 
Peg,

Thanks for the info on SGI. I am familiar with these developments on a casual basis, unless something has happened just recently that I missed, besides the class action lawsuit filing. So far the reactions as far as the stock price is concerned to the reorganization and stock repurchase plan have not been positive.

Over the past few years they overspent on research and were not marketing. They are now ready to market those products.

Do you think they have developed some good marketable products over this time period that can affect their earnings in 1998? Peg, do you own some SGI, or are you thinking of buying some?

Esteban
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