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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: Richard Silvers who wrote (541)	1/6/1997 5:56:00 PM
From: Alfred Wang	of 14451

You missed the second part of the release: Product bookings for the quarter were approximately $950 million, the highest in the Company's history, and the Company's product backlog at quarter-end grew to approximately $750 million from $474 million at September 30, 1996, also the highest in the Company's history. The Company attributed this growth to strong customer acceptance of the new products announced by the Company on October 7, 1996, including the entry-level O2 workstation and the Origin family of servers, and continued strong demand for Cray Research supercomputers. Despite the strong bookings, the Company did not reach its expected level of shipments, due to a combination of factors including delays in the manufacturing ramp-up for some of these new products and variations in product mix.

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