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

To: Bill Holtzman who wrote (6329)	7/30/1999 8:01:00 AM
From: larry larsen	Respond to of 14451

Bill, you make a very sound argument. Dipy, I apologize for being too critical. Still, who among us hasn't been on the wrong side of an investment and had to eat a loss? You've been saddled with dead money for three years and it's taken an emotional toll. I suggest you re-evaluate SGI and go from there based on the CURRENT SGI, not the looser of a company who pissed away an opportunity to be another Cisco and Sun. Maybe, the future is now. Larry

To: Bill Holtzman who wrote (6329)	7/30/1999 11:51:00 AM
From: Eli Lauris	Respond to of 14451

Bill, Yes, I've been trading SGI for about 4 years and yes, it's been a big disappointment. I've averaged down from about $25 all the way down to $9 and had sold off some when it spiked a few times. My average cost is now down to about $10-$11, and since it's not a large part of my portfolio, it doesn't keep me awake at nights. If I were in the same position as Dipy, being under water and unable to average down, I would have just sold off and moved on. Everyone makes mistakes, even the great Abby Joseph Cohen.