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

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To: Paul Jamerson who wrote (5309)11/10/1998 1:01:00 AM
From: Eli Lauris  Read Replies (2) of 14451
 
Paul, you're crazy. If the board didn't agree to sell SGI at the end of last year for $18, why in the world would they do so now ? The company is in much stronger position: seasoned management team, spun off MIPS and Cosmo, cut expenses, improved manufacturing & inventory control, Origin servers growing at 25-30%; finally, it's on the cusp of introducing NT workstation and faster microprocessor upgrades. If the NT workstation is a success, the stock will easily go to $40 in 6 months.
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