Silicon Graphics, Inc. (SGI) Message Board

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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 89.27

+1.6%

Nov 25 3:59 PM EST

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To: pass pass who wrote (3902)	12/29/1997 2:10:00 PM
From: Brett Behm	Read Replies (2) of 14451

Anyone nibbling at 11 and change? Personally, I am almost ready to add to my position, but am waiting for the next Qtr earnings warning. I figure that should be out sometime in the second week of Jan. which should probably drive SGI down to 8.5-9 range. At this point, last visited in 92, we should get some very good technical support. Should they then annouce a new CEO later in the Qtr, the stock could very easily go back up 50+% to the 12-13 range. There is money to be made in this stock, it just has to find a bottom. My guess is that we are about 3 points away. I just hope I'm right on this one and it doesn't sink to around 4. Good Luck to all...

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