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Technology Stocks : Silicon Graphics, Inc. (SGI) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Holtzman who wrote (6220)	7/10/1999 9:08:00 AM
From: Jim Davison	Read Replies (2) \| Respond to of 14451

Bill -- thanks for the post, I couldn't have put it better. When I listened to the last conference call, I was pretty disgusted. Every quarter is a potential turnaround that fails to live up to expectation. It is possible to make a pretty credible case that this one is different. In particular, the glitches of SGI's NT workstation are ironed out and production and related ramp-up expenses are behind them. The stock has been understandably undervalued for a long time, and an upside surprise could boost the stock. I think the stock is creeping up because there was no preannouncement this time. (Ouch! Remember all the others?) I don't see any reason we shouldn't make the 52 week high of $20, but a big selloff seems quite possible too. I'm stuck! --JD

To: Bill Holtzman who wrote (6220)	7/15/1999 7:23:00 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 14451

Yeah, I've been here for more than 2 years now. Bought some at 13, and then, foolishly averaged up a few months later at 27+, only to see the stock fall to 18 within a week's time! There was something odd about the way it all happened (the quick run-up to 27 and the sudden fall to 18) that I began suspecting that the management was playing games with genuine investors like me. Since then, I have noticed similar things happening a few more times (run-ups from 13 to 18+, followed by the release of bad news, followed by the inevitable journey back to sub-13 levels again). I have absolutely no trust in the management of this company. All I want to do is to break even at 20+, and get off this one. But that is not happening. And it looks like we are headed back to "lucky 13" again here.... At some point, I will have to stop "watering this weed" (to use Peter Lynch's expression) and just GET THE HELL OUT OF THIS!! I just want to complete 3 years (by April 2000) before doing that. Think of it as self-flagellation. I want to punish myself so much that I will think a hundred times before investing in a company like this again!