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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 92.66

-0.6%

Dec 2 3:59 PM EST

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To: Larry Brew who wrote (4236)	1/30/1998 12:22:00 PM
From: Mathon Dabasir	Read Replies (4) of 14451

Brew, SGI up sharply right now (3/4) on strong session volume (1.4M). <imho> Gotta be news in the works. Anyone know anything??? <<I'd like to pull another 20% at $18, then stay long with the rest. Looks like $16 is in the bag. I'm considering making my pull there because of this Iraq thing. Might be good to have additional $$$ on the table.>> We agree. See clear sailing to 18 (200DMA). From there we might see resistance from the 25+ Summer '98 buy-in crowd... who are still upset and dumping shares. Then again? I have no idea what I'm talking about. Might have to sell some 15 PUTs to those less adventurous SGI believers, in order to help them sleep through all this. The stress of it all, Brew! The stress! Mathon btw: No one ever made their fortune at the gaming tables. Wise to drive on.

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