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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 91.70

+1.1%

12:45 PM EST

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To: Brett Behm who wrote (3992)	1/13/1998 5:54:00 PM
From: Joseph E. Caiazzo	Read Replies (1) of 14451

Brett: Please do as you see fit. Personally, I would not attempt to average down this stock...too risky. With Intel now receiveng gov't approval to acquire "Chips and Technology" in order to improve their graphics chips, and the "Merced" 64-bit chip coming down the pike, it is clear that Workstations are Intel's next target. There is no way SGI will be able to deliver price/performance ratios at Intel's price points. SGI stock might have a rally or two here and there over the next 12-18 months, and I'd use this as an exit. JEC

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