Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Thomas A Watson who wrote (8820)	4/24/2001 6:50:31 PM
From: Don Green	Respond to of 14451

Tom>It's complex and I thinking about it. Actually it is quite simple, Question: When was the last time SGI's Management did something that improved the price of the stock. Answer... When they hired Rocket! and we all know how that turned out. Being realistic I really can't see ANYWAY out of this mess, other than selling their assets to the highest bidder which won't be too high. Hey just think about all of those brilliant engineers from Bell Labs a.k.a. Lucent, many who are now retired and depending on their Lucent holdings but have seen their 401K and pensions go down a black hole. Don

To: Thomas A Watson who wrote (8820)	4/24/2001 7:14:02 PM
From: Maher Sid-Ahmed	Read Replies (1) \| Respond to of 14451

SGI at this point is a highly speculative investment. Although I doubt SGI will go bust soon, but the shares IMO could stay in the $2 range for several quarters - this is a no confidence vote from WS. About a year and half ago NSANY (Nissan) was trading at $3-with proper management and a good turn around professional the shares are now at $14. I am not impressed with the present management at SGI - Covert seem to have no specific plans and Bishop reminds me of Kosher, the Micron Electronics CEO, who took MUEI when the shares were trading at ~$15 and now the shares are trading close to $2. Bishop does not have the talent for a CEO job. I have reduced my exposure to SGI extensively. I just don't like the high risk associated with a company like SGI.

To: Thomas A Watson who wrote (8820)	4/25/2001 9:39:31 AM
From: Ms. Baby Boomer	Read Replies (2) \| Respond to of 14451

<What impact will 20% reduction have?> Think u need to clarify that...20% reduction in operating expenses appears to be BB's goal in attaining profitability due to current economic conditions, ...blah, blah, etc. To put it in perspective, SGI announced 15% global reduction in work force, as compared to CSCO's 18% reduction. The weaker than expected book-to-bill (.64) and CPQ's EPS didn't exactly help the PC sector. Although, SGI did mention that their b-t-b was runnning .8 something? On the other hand, Intel announced the availability of the 1.7's for the high-end workstations and IA-64/Itanium platform is pending 2nd half of this year. The internet isn't going away, it's transitioning...we need the bandwidth....