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

To: Ms. Baby Boomer who wrote (6739)	1/18/2000 4:17:00 PM
From: Doug Skrypek	Respond to of 14451

When are they going to let us in on the news? Its been halted for over an hour...

To: Ms. Baby Boomer who wrote (6739)	1/18/2000 4:18:00 PM
From: miklosh	Respond to of 14451

Better Than Expected Revenue Forecasted for the December Quarter MOUNTAIN VIEW, CA (Jan. 18, 2000) -- Silicon Graphics, Inc. (NYSE: SGI) announced that, based on a preliminary analysis of its results for the quarter ending December 31, 1999, it expects to report revenue of approximately $640 million, compared to $685 million in the quarter ended December 31, 1998. The company expects to report operating results just short of breakeven. "Our strong revenue forecast for the December quarter demonstrates the progress we are making in stabilizing our business environment," said Bob Bishop, chairman and chief executive officer. "Our commitment to SGI's installed base and our continued focus on technical computing is beginning to produce results." These statements regarding estimated results are preliminary and based on partial information and management assumptions. The company expects to announce its actual results for the quarter on January 24, 2000. Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties detailed from time to time in the company's SEC reports, including the report on Form 10-K for the year ended June 30, 1999 and Form 10-Q for the quarter ended September 30, 1999.