Silicon Graphics, Inc. (SGI) Message Board

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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 87.31

+3.2%

Nov 21 3:59 PM EST

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To: xamir who wrote (4107)	1/22/1998 5:14:00 PM
From: Chris Abellera	Read Replies (1) of 14451

SGI Earnings: +$0.12 EPS (before) charge First Call Estimate: $0.07 EPS (before charge) They beat the estimate by $0.05! The one-time write-off charge has already been taken into account by the analysts. Earnings report is very upbeat. Cash balance is at $655 million (company's book value is at $10). Sun's stock price is at 3x book value. They implemented program to reduce operating expenses beginning in Q3. Suggests strong potential for server business in Q3. I'd be surprised if this stock didn't pop up tomorrow. -Chris

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