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


To: Thomas A Watson who wrote (8684)3/27/2001 3:56:30 PM
From: Don Green  Read Replies (1) | Respond to of 14451
 
Tom> But I'm hoping to make a bag of bucks on SGI.

I hope you are right, but also doubt you are. As I stated earlier, I think many investors initially were attracted to SGI based on it's "once" quality name and it's cheap price.

But now with so many other Quality names closing in on SGI price it might be even tougher for them to attract money for their shares.

Keep the faith!

Don



To: Thomas A Watson who wrote (8684)3/27/2001 4:34:39 PM
From: Maher Sid-Ahmed  Read Replies (1) | Respond to of 14451
 
I agree with most of your posts. However, you are too optimistic and Don is too pessimistic. SGI will survive. The question is will it be a worthwhile investment in the next 12 months or will it be better to stick to companies with a proven track record such as INTC, MSFT, IBM, DIS, KO, NIK, etc. I don't think that SGI shares should occupy a a major portion of any portfolio. Nonetheless, institutions seem to be picking up SGI shares daily. That is usually a good sign. Just look at IONA - the shares were being heavily bought by institutions in the last few weeks and today IONA jumped almost $7.