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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 94.00+1.1%Jan 16 9:30 AM EST

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To: dd who wrote (5487)1/7/1999 10:09:00 AM
From: Mathon Dabasir  Read Replies (2) of 14451
 
Yes dd, SGI's volumes heading south were substantial. Thus, the consensus here in The Big Sandy is this will spell resistance, right here, in the mid to high teens.

We also believe the only thing that will break SGI through this resistance, here and again in the 20's, will be a positive earnings announcement or two... plus further right-sizing (i.e. spin-offs) of certain corporate ballasts.

SGI's current NT thing makes this camel trader very weary Mr. dd. You know, Ringo & I look at this specialized graphics NT marketplace and see the likes of Intergraph, a true skunk by all sights and smells, road-kill if you will, and we gotta believe Mr. Rick has more in store to save SGI than rolling around in the dirt with these has-beens!?!

Where's the future in this NT story, we ask? Are the margins and volumes there?? '99 will tell all, IMHO.

Latest thoughts from Camp MD anyway. Ringo selling CALLS right here.
":^)

Mathon

OT: All systems back to full strength at "The DD Ranch" I take it???
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