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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 87.31

+3.2%

Nov 21 9:30 AM EST

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To: dd who wrote (5063)	7/23/1998 5:11:00 PM
From: Jim Davison	Read Replies (2) of 14451

dd, the .31/share is a disappointment, but it's worth noting that revenue jumped 9% over last quarter -- probably due to the 23% increase in server sales. I guess that means the workstation market has completely tanked. I was also sorry to see cash assets have slithered from $781 million to $731. I wonder how much however that is due to MIPS post-IPO drop -- now recovered. Belluzzo seems optomistic about future quarters, so maybe Wall Street will actually push the stock up a point or two, given the usual perversity of SGI buyers. Looking forward to the conference call later tonight. The phone number I have is 1402 530-0495. --JD

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