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To: Prasanna L Soni who wrote (16647)	8/24/1999 5:28:00 PM
From: Dale Knipschield	Respond to of 17305

AV, What to make of SGI? From Bloomberg: "SGI Shares Tumble After CEO Rick Belluzzo Resigns Mountain View, California: Silicon Graphics Inc. shares fell 13 percent after Chairman and Chief Executive Rick Belluzzo resigned, ending his 19-month effort to restore the No. 4 maker of computer workstations to health. SGI fell 1 9/16 to 10 7/8, its lowest since October....... Just two weeks ago, he unveiled a strategy for improving sales and cutting costs that he said would turn SGI around for good..... ``It's a surprise,' said Randy Befumo, an analyst at Legg Mason Inc., which owns about 3 million shares of SGI. ``It runs counter to everything he's ever said. He must not have seen a way out of it.'" Regards, Knip

To: Prasanna L Soni who wrote (16647)	8/24/1999 5:51:00 PM
From: Andrew Vance	Read Replies (1) \| Respond to of 17305

AV--I have become a believer and Zeev was right on target it seems. If only we could attract readers back here again and have people such as Zeev, you and others participating with such good information and a great stable of stocks to discuss amongst the community. AH, perchance to dream of past glories here on Stock Swap. Andrew

To: Prasanna L Soni who wrote (16647)	8/25/1999 12:14:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 17305

Prasanna, as I mentioned on valuation grounds it looks great, but financially quite weak, however, just as I had to turn down my FA watch on WFR last week and jump in on the TA, I think that IMPX could be gotten in. Strategically, I would wait for a retrenchment to about 1.875 to 2.125, but it may never turn back (WFR gave us only one opportunity back at $14 after I succumbed). But please do not over commit, this is purely a technical call, visibility of a turnaround is not here yet, and if they turn a profit, their should be ample time to jump back in well before the major move. If they miss the wagon on this semi up cycle, I think they could be dead meat on the next down turn. Zeev