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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 83.87-2.5%Nov 18 3:59 PM EST

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To: Robert Flood who wrote (562)1/7/1997 7:44:00 PM
From: Riskmgmt   of 14451
 
Robert and other P/O'ed shareholders,

I have to agree with you-I,ve held onto the stock since it was in the 30+ range I bought more when it dipped under 25 and again under 23, after the glowing annual report comments.

Today I sold at the open @ 24.25, the stock closed higher but I am glad to be out. My reasoning is just lack of cofidence in the management. Perhaps next quarter will be profitable but how can you believe management-they said that last quarter.

Products may be good management can't be trusted I'd rather put my money in Intel or Cisco-excellent management with integrity.

JMHO- regards

Ray
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