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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 90.81-2.0%Dec 3 3:59 PM EST

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To: Mathon Dabasir who wrote (4237)1/30/1998 12:59:00 PM
From: Larry Brew  Read Replies (1) of 14451
 
Mathon,<<$25+ summer buy-ins, yes,you know what your talking about>>

I made a truck load at $24, after the +.60 quarter announcement.
Sold it all and walked away, believing SGI needed another qtr to
prove itself. As many amateurs, I allowed an investor IN LOVE with
SGI convince me Utopia had only begun. I put almost all back in at
$26. After the next earnings disappointment, I began buying down,
still a believer.
All in all, sticking it out should be o.k. One never knows. I may
have moved the money to even a worse performer. Anyhow, it does
appear something is driving it up. A couple anticipated (by me)
selloffs sure would make them cash strong. I'm thinking of those
sectors not core to HWP. :-)
Larry
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