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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: john dodson who wrote (5534)1/11/1999 11:33:00 PM
From: Thomas A Watson  Read Replies (1) of 14451
 
Most likely reason for sgi down. Or why the analysts are saying nine, nine, nine to buying sgi. Well I'm not german, but I also say nine to buying SGI at present. In fact it's 8 nine to one SGI at present.
search.nytimes.com

January 11, 1999

MARKET PLACE

Analysts Hot on Silicon Graphics' Technology, Lukewarm on Stock

By LAWRENCE M. FISHER

fter three years of declining fortunes, Silicon Graphics Inc.
is placing a big bet Monday as it introduces a line of work
stations built around Intel chips and Microsoft software.

While analysts like the new machines, nearly all remain neutral on
the shares of Silicon Graphics, saying that the company has yet to
show that it can return to sustainable growth and profitability.

Given Silicon Graphics' history of introducing
brilliant new technology only to fumble on the
delivery of products, it is perhaps not surprising
that analysts are taking a wait-and-see attitude.

I have to thank my good buddy Allan for this info. In his world is ist't true until you see it in the New York times. Now I'm trying to rehabilite Allan, but his belief in the New York Times is like other Green belief in the borg.
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