Silicon Graphics, Inc. (SGI) Message Board

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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 90.81

-2.0%

Dec 3 3:59 PM EST

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To: brushwud who wrote (6106)	5/24/1999 9:03:00 PM
From: sea_biscuit	Read Replies (1) of 14451

Well, it has been about 2 years since I bought my SGI shares, at an average price of $20 1/16. What has bothered me is not so much the time it is taking to turn around, but what I believe is the management playing cat-and-mouse with the long-term shareholders. From what I have noticed and can remember over the last two years, the management announces something positive just one or two days before they announce their (usual) dismal earnings report. As a result, the stock rockets up for a day or two and then promptly sinks back, obviously giving the shorts plenty of time to make money while leaving long-term shareholders high and dry. The next time we get past 20, I'll surely sell this dog!!!! No more hide-and-seek games for me!!!!

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