CPCI - great earning , BARRON's suggest Message Board

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Technology Stocks : CPCI - great earning , BARRON's suggest

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To: csm who wrote (477)	1/28/1998 2:47:00 PM
From: Aaron Cooperband	Read Replies (2) of 586

Stuart - Re: conference call I also noted their statement that SGI would be making a significant positive announcement within the next 10 days - very interesting! When I listened in on the call I was actually a bit surprised - their statements were extremely confident and bullish and their down earnings were only given minor attention, both by management and by the analysts on the call. They obviously are confident in their strategy. Other points of note: They are more bullish on the oil&gas and satellite segments than a year ago. Oil&Gas is 3 years behind the Entertainment sector, while Satellite is 2 years behind in their conversion from just a bunch of drives to RAID. They are only working 1 shift, so there are no production capacity constraints. They were disappointed that they were only able to buy 80,000 shares so far. (So there is still $2M of the $3M total waiting to be spent) And they may institute a new buyback program if this one runs out of money. They expect around $10M of sales from their new Access Graphics relationship, with sales ramping in the 3rd and 4th quarter. (This is about a 50% sales increase per quarter!) Competitors are still about 1 year behind in Fibre Channel. Main competitors are Data General and Megadrive, both of which are delivering Fibre Channel, but are still working out the bugs in their products. Aaron

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