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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 93.20

+1.6%

Dec 1 3:59 PM EST

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To: dd who wrote (5861)	3/16/1999 11:14:00 AM
From: Bill Holtzman	Read Replies (2) of 14451

dd Thanks for the Merrill update. I think it would be very bad for Belluzo if SGI starts producing disappointing earnings again. Of course, if the analysts lower the bar enough early on it'll be an upside surprise! Watson should note a line from the report: "We have reduced our F3Q revenue by $10-15 million and reduced our estimate from a $.05 to a $.07 loss. Flat panel displays are selling sell but probably won't make it up." But will it make NINE go into orbit? Today's NINE action is looking good. CNBC said today that 75% of the internet traffic is handled by Sun servers. That's where your money, my money, and Jeff Maresh's money went. SGI just couldn't compete with Sun. We were dead wrong. Bill

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