Silicon Graphics, Inc. (SGI) Message Board

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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 91.07

-0.9%

Dec 8 3:59 PM EST

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To: brushwud who wrote (5792)	3/1/1999 2:28:00 PM
From: Sultan	Read Replies (2) of 14451

It will be a while before the company shows the kind of earnings every one expects but my take on the share buy back, FWIW, is that they are selling their overvalued holdings in MIPS and buying back their own undervalued stock. Good move all around in terms of strengthening the balance sheet.

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