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


To: Srexley who wrote (7867)10/3/2000 8:00:12 PM
From: Don Green  Respond to of 14451
 
Scott > I do feel it is a fairly good bet for a double or more from here if the market ever turns around.

Scott
I use to feel that way and that was when the tech market was making record levels weekly. But that isn't the case these days. SGI needs to make "profits" in at least two consecutive quarters for any analysts to even consider recommending SGI. But "I" don't think with the future of SGI being in doubt, makes it hard for anyone to make that kind of comment. I also expect to see a whole of of tax selling in the coming months.

regards

Don