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

To: Don Green who wrote (6349)	8/6/1999 12:42:00 PM
From: Thomas A Watson	Respond to of 14451

Don this is a case where the technically illiterate analyst who are paid to tell others how to bet money talk the standard negative talk. biz.yahoo.com This get a commodity product into the market place with SGI's name for excellence. The value added is the Linux improvements from SGI. This box I believe will sell in number expected of the barny box. But this box will have better margins. So all in all I'm buying SGI. Yes even at 16 1/2. Of course since Mr Baluzzo and I have a mind meld on SGI strategy, what else would you expect me to say. Tom Watson tosiwmee

To: Don Green who wrote (6349)	8/6/1999 5:38:00 PM
From: ramin shahidi	Respond to of 14451

Don, I think you left probably the most important part of the posting behind. here it is: Silicon Graphics faces challenges, regroups again Reuters By Andrea Orr ... ... ... For much of the past year, Silicon Graphics has been trying to shift into lower-end markets, largely with the introduction in January of a new line of sub-$6,000 machines that perform many of the same functions as older models that sold for $25,000. To date, the new workstations have not made the splash the company had hoped for. Silicon Graphics's recently reported results for the fourth quarter ended June 30, however, showed better performance from higher-end products that had been expected to suffer from a dramatic drop in demand. Its Unix workstation and Origin server businesses exceeded expectations, helping the company report operating earnings of 12 cents per share, rather than the five cent loss analysts had been forecasting. But the company still cannot ride on those businesses, which by most accounts are seen shrinking over time, analysts said. ``You have to ask how much of their business had come from high-performance computing, and is it sustainable?' said Salomon's Jones. ``I don't think the answer is yes.'