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


To: Maher Sid-Ahmed who wrote (8414)12/15/2000 4:05:45 PM
From: AustinPowersIII  Read Replies (2) | Respond to of 14451
 
Yes, Yes & Yes. I did not say SGI wasn't risky but it is a very good bet on a turnaround. You can go buy a
.com company & have much more risk with pe's of 10-(10,000) or so. I knew the yuppies would get smashed with these .com bombs it was just a matter of time as it was with Rambus which I was buying since it's IPO it jumped about $5 from it ipo price & everyone laughed at me & said it was to high at about $15.00 I bought in RMBS big time & I sold & shorted big time at $84.00 ( which was posted on the boards.)...I did not say to bet the farm on SGI this is a speculative investment but it is a good speculation, I have reason to believe the turnaround is at hand & I am putting my speculative dollars into it. SGI had fine products & can deliver them. This has been so beaten down now I feel is a time to buy, better than any other... This stock was once a powerhouse with good earnings, with any recovery of the high tech markets you will make money with SGI. The famed "Abbey Joseph Cohen " started hyping SGI at about $27.00 she said it was going to middle $40's , now look at it now, "THEY" did it to Green again!! It's all rigged & you have to outwit them or you will lose everytime.. Fudamentals mean little (the past) charts are somewhat useful, Technicals also. You have to be sort a of Technofunamentalist,LOL.. COMPUTERS HAVE HELPED ME A LOT WITH MY INVESTING & I have written several custom programs tailored to my thinking. I still have some old IBM 360 mains running believe it or not.Perhaps a lot of you don't understand my sense of humor, but then neither does my dog.. Remember always the markets are rigged, your first step to profitable investing...ROTFLMAO Austin PowersIII