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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 92.07

-1.5%

Nov 11 3:59 PM EST

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To: Mike Denman who wrote (5158)	9/25/1998 3:51:00 PM
From: Eli Lauris	Read Replies (1) of 14451

Mike, Why don't you take at truth value what Rick himself had said just recently: "We are about half-way through a 5-6 quarter turnaround". Translation: We are still 2-3 quarters (i.e. 6-9 months) away from profitability. Since Wall Street normally has a one quarter horizon, don't expect the stock to start going up until Jan '99 at the earliest and possibly not until Apr '99. If you're not comfortable with that timetable, you probably should take a loss and switch your money to some other stock.

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