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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: john dodson who wrote (5337)	11/15/1998 11:49:00 PM
From: Nandu	Read Replies (2) of 14451

I am not at all nervous about how SGI stock price will behave next week, but that is because SGI is not a "trade" for me. I haven't margined my holdings. I don't intend to sell next week, unless the stock breaks 20. I don't intend to buy next week, unless the stock breaks 8. I am neither long nor short any options. All this probably doesn't help you, John. Just illustrating the difference between long term and short term. As for my prognosis, the jump from around 9.5 to 11+ was too sudden and fueled by rumors, so a pullback should be expected, unless the rumors turn out to be true. I am of the belief that Fed will cut on Tuesday, and that could be positive for SGI, along with the market. P.S. I work for SGI, but obviously nothing above is "official".

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