Silicon Graphics, Inc. (SGI) Message Board

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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 91.70

+1.1%

12:45 PM EST

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To: Mathon Dabasir who wrote (3750)	12/11/1997 7:11:00 PM
From: Dan Packer	Read Replies (1) of 14451

<<<p.s. Watch that book value. Could drop if they start burning cash.>>> It'll go down if they burn the headquarters, or their cars, or ???? Minnesota is really cold this time of year. Sometimes you just gotta burn something. What would cause you to look for 'cash burn'? There's little in the financials to suggest it aside from the recent layoffs. Now if they start "one-time" hitting you like ATT does, you gotta problem. This company appears to have good technology, good people, with some flabby management. I would expect to be surprised to the upside, rather than the downside. 14.50 is a reasonable price for the operating business. Stock Market pricing is random, as you know. Let Mr. Market screw with the numbers, and just enjoy being a part owner of a great technology company. The function of the market is to raise and transfer capital. Folks who worry about price series go to dog tracks in less heady times. Personally, I would rather basque at a Fronton.

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