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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 90.70

+1.6%

Nov 26 3:59 PM EST

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To: Riskmgmt who wrote (5942)	3/31/1999 4:56:00 PM
From: Bosco	Read Replies (2) of 14451

Hi Ray - maybe the holders did luck out one way or another. I don't follow SGI, but considering the volumes [before the halt,] it has to be more than the run of the mill daytrading. So, either indeed there is more news on the horizon, or at least the big boys [and girls,] who picked the wrong stock to window dress their portfolio, will try to hype the stock by writing off the shortfall as a transition problem - and make them look like a forward thinking bunch. I know little about the current CEO [except he was from HWP?] The problem is that SGI's ramp up has always been the problem dated back to Mr McCracken's days. While it may not be a cure in the shortrun, it should take a page from INTC [no position either] back in the early 80s to find an operational guy [back then, Dr Grove brought in Dr Barrett <the present CEO>] to straighten out the time to market problem best, Bosco

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