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


To: 44magnumpower who wrote (7727)9/20/2000 5:04:31 PM
From: Don Green  Read Replies (2) | Respond to of 14451
 
44> Austin has been investing since 1955,

B.S.

Yes and he also helped MSFT get IPO funding..

LOL!!

BTW are you and AP joined at the hip??

Don



To: 44magnumpower who wrote (7727)9/20/2000 5:26:26 PM
From: Ms. Baby Boomer  Read Replies (1) | Respond to of 14451
 
SGI filed 10-K Annual Report with the SEC today ... [Edit: Thank you for the "Austin" story ... that's what I call real-time, LOL....]



To: 44magnumpower who wrote (7727)9/20/2000 6:31:01 PM
From: Don Green  Read Replies (1) | Respond to of 14451
 
44/AP> Austin has been investing since 1955??

If that was the case, which I am sure it isn't.. AP would have to be around 60, assuming he started investing when he was young prodigy of 15.

Does this sound like someone who is 60 yr old and uses a handle of Austin Powers III and rants comments like this??

"SGI hits $5.00 ask I truly think this is a breakout to new highs! Austin ready to buy Brazil with sgi profits! ROTFLMAO! "

Message 14230209

Sure he/she/it is!!!

Don



To: 44magnumpower who wrote (7727)9/20/2000 8:18:47 PM
From: Sr K  Read Replies (1) | Respond to of 14451
 
SGI has also been one of my biggest winners. But why do you make up stuff like:

a big buyer of IBM @ $45.00 just before the new CEO from Nabisco (Lou Gerstner) took over a few years back

The stock bottomed after LG became CEO, which was April 1, 1993. It was close in January 1993 with a low of 45.875 (before the two 2:1 splits). The February and March 1993 lows were 48.75 and 49.875 (per Microsoft Investor 10-year charts). Are you suggesting he bought at the exact January 1993 low and you rounded down? I recall there was an announcement earlier, and he only "started" on 4/1/1993, so maybe AP caught the January low.

But the eventual low was in August 1993, about 40 5/8. The market took some time, and Gerstner took some time to study the situation. The April 1993 range was 47.375 - 53.125.

Also, "CEO from Nabisco" belittles the background Lou brought to IBM. It was not a job for a cookie cutter!

Louis V. Gerstner, Jr., was named chairman and chief executive officer of International Business Machines Corporation on April 1, 1993.

Prior to joining IBM, Mr. Gerstner served for four years as chairman and chief executive officer of RJR Nabisco, Inc. This was preceded by an 11-year career at American Express Company, where he was president of the parent company and chairman and CEO of its largest subsidiary, American Express Travel Related Services Company. Prior to that, Mr. Gerstner was a director of the management consulting firm of McKinsey & Co., Inc., which he joined in 1965.

A native of Mineola, New York, Mr. Gerstner received a bachelor's degree in engineering from Dartmouth College in 1963 and an MBA from Harvard Business School in 1965.
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