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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 84.66+0.9%Nov 19 3:59 PM EST

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To: Bill Holtzman who wrote (5182)9/29/1998 11:36:00 PM
From: Naveen Kumar  Read Replies (3) of 14451
 
Bill:
I studied the annual report too, and am equally frustrated by the performance of this company. Unfortunately, top management in these companies is more impressed with themselves than their customers are !

I don't think you can blame the rank and file however. They are merely doing the best they can with the cards they are dealt. I tend to blame the egoistic leaders for not recognizing the needs of the market and being asleep at the switch. For their grand screw-ups they are rewarded with plush golden parachutes and let go instead of being accountable to the shareholders.
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