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Technology Stocks : Silicon Graphics, Inc. (SGI)
SGI 94.27+2.2%3:59 PM EST
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To: brushwud who wrote (5777)2/27/1999 3:32:00 PM
From: Bill Holtzman  Read Replies (2) of 14451
 
So we should see the shares outstanding drop to somewhere around 160 mil? If so this seems like a good way to pump the stock price should there ever be plus earnings again. Less shares means more income per share - with the same multiple we'd see a higher stock price. Just ignore the balance sheet!

Thanks.
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