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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 93.75

-0.6%

Dec 12 9:30 AM EST

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To: Kirk Vanden who wrote (5769)	2/25/1999 8:17:00 PM
From: Don Green	Read Replies (1) of 14451

SILICON GRAPHICS said its board has boosted the number of shares under its stock buyback plan by 5 mln shares. The company first announced the plan in October 1995 with an original target of up to 22.5 mln shares, under which it has purchased roughly 22.1 mln shares to date. The plan, under which 5.4 mln shares may now be bought, extends through June 30, 2000. Repurchased shares will be used for employee stock plans and other corporate purposes. Silicon Graphics is a supplier of high-performance computers and computing systems. (Reuters 06:04 PM ET 02/25/99)

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