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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 84.66

+0.9%

3:59 PM EST

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To: Naveen Kumar who wrote (5183)	9/30/1998 2:49:00 AM
From: Jim Davison	Read Replies (3) of 14451

Bill, I don't think there's much that is mysterious about SGI's stock price. They have been losing money -- chiefly because they've been locked into a dwindling share of the dwindling UNIX market. They are on the verge of opening new markets in the high-end NT range. They may fail at that too, but hell, I think it's still a stratagy that a reasonable person could view as potentially successful. On the downside, given 750 million in cash, the value of MIPS and fixed assets of the company, they're right at book value now. I think now would be a better time to buy than sell. But I must admit that it has been a rocky road for the last few years. --JD

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