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


To: djane who wrote (6439)8/24/1999 12:45:00 PM
From: Thomas A Watson  Respond to of 14451
 
Well today sgikv, Nov, 12 1/2 are trading around a buck and 1/8. Got me 72 opts at that average.

Tom Watson tosiwmee



To: djane who wrote (6439)8/24/1999 2:03:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 14451
 
Very nice risk/reward profile at this point.

Well, three years ago, people were saying the same thing... at the same price. So, nothing new there, really. <sigh>

And three years from here, you might be kicking yourself, as I am right now!




To: djane who wrote (6439)8/24/1999 10:13:00 PM
From: Gary Korn  Respond to of 14451
 
I'm in at 11 for the first time ever:

-Book value is 8ish
-Cost reduction campaign announced
-Lot's of cash on hand, and makes money
-Refocus on core graphics/workstation business
-Takeover bait, particularly as restructured

All stocks carry risk, but I don't see tremendous risk here. Anyway, I'm willing to wait.

Gary Korn