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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 91.87

+1.8%

Dec 5 3:59 PM EST

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To: dd who wrote (4471)	3/5/1998 12:46:00 AM
From: Jim Davison	Read Replies (2) of 14451

Is the thread dead? I hope not . . this has been a great forum for SGI lore. Nowadays, I find more on the Yahoo SGI thread, but a lot of that stuff is downright silly. SGI has followed my prediction of boring sideways motion. However, I think that if Intel drops, the downdraft may suck some other computer stocks with it. ("Hey, drop computer stocks. They were just a FAD.") This thread will get interesting again in a few weeks when we enter the pre-announcement season for earnings. My guess is that the earnings will be poor due to the dearth of new products, and that is currently factored into the stock. It will start inching up toward about 18/share if there is no preannouncement. After that, it will fly on the enthusiasm of new products, so the next few weeks may be the best time to buy. I thought it might slip back as low as $13 or so, but I'll probably pick up another 10% next month regardless. Let the record show between the drop in Intel's earnings and Bill Gates testy testimony in congress -- today the first cracks begin to show in the WINTEL monopoly! --JD

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