Silicon Graphics, Inc. (SGI) Message Board

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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 88.35

-0.3%

Nov 14 3:59 PM EST

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To: dd who wrote (5133)	9/10/1998 4:19:00 PM
From: miklosh	Read Replies (2) of 14451

<Don't we already have a stock repurchase plan in effect?> Yes sgi does. Now that I think about it, it was probably a good thing that he didn't mention it. My impression is that Belluzzo wants to keep sgi's profile low until sustained profitability becomes a reality, in order to avoid any more false rallies in sgi's stock. If this is the case then I agree 100% with this strategy. Belluzzo must undo Egg Mcnuggets stream of bs and incompetence, and restore credibility to sgi's management. Once this is done the numbers will speak for themselves and the street will be buying.fwiw I also see the lack of posts on the thread (bearishness and loss of interest) as a positive indicator.

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