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Technology Stocks : Silicon Graphics
SGI 91.75+1.9%Dec 26 9:30 AM EST
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To: Bill Murray who wrote (187)3/27/1996 9:46:00 AM
From: Fred W. Fletcher   of 199
 
I heard the comment on (CNBC), lucky it wasn't "Dan Dorkman" or it would have been widely distributed. The stock went up 3/8 that day. I started looking around the "Net", SGI's site, PC Week, Dow Jones etc. and really couldn't find any news. This is kind of suspicious since SGI has sent out press releases at a faster clip than present.

However, a continuing down trend in the "Tech" market is hard to ignore so I've just put in a market Sell on SGI. Even though SGI has great long term potential, the "Herd" mentality is just too unpredictable. Just to make sure SGI goes through the roof, I also purchased some Nov. 25 Puts.

I'll be back into SGI if it goes below 19.
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