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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 86.00-2.7%Nov 17 3:59 PM EST
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To: Bill Holtzman who wrote (5318)11/10/1998 12:48:00 PM
From: LauA  Read Replies (1) of 14451
 
This last Holtzman comment is instructive. IMHO, SI has devolved into a barbershop gossip channel. No one bothers to go out into the field. No one visits trade shows. No one even went to the annual meeting to find out where these guys are going. The annual meeting was kind of fun because Zero members of the investment community were there. So you had the top execs and the BOD all available to answer individual questions. (The questioners during the formal meeting were all wearing Holtzman masks - ROFLOL). Re: Maresh - He had spent quality time on the products, and was not wrong. How was he to know that top management was drinking in the cockpit?

Let me assure you this company is run by adults today. Who knows if they return to glory? - they understand that the business is being driven by folks like Dell who operate a negative working capital machine. However there is a serious determination to exploit their niche. Party line is that it takes 18 months to do a turn-around and they are half way through. Wall Street typically looks 6-12 months ahead. They understand the need for partnering. Buyout? Maybe. They've sure been cleaning it up. Even down to the real estate level.

Get a clue, you moron, back out the cash, back out MIPS. Why was the stock selling below $10?

Maybe instead of running your mouth, you should run your feet. Pretend you're Peter Lynch and you like to buy what you buy. At very least know what you know. Because my intuition says that you have no intuition.

JMHO
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