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

To: Thomas A Watson who wrote (8942)	7/20/2001 2:45:21 PM
From: Don Green	Read Replies (2) \| Respond to of 14451

Thomas, Thomas, Thomas With SGI having all of that cash why hasn't SGI taken some of that cash and bought back huge amounts of what some believe to be a very cheap stock??? Even more interesting is why hasn't anyone made a play for SGI. It would seem based on your analysis that SGI could be bought dirt cheap? But neither has happened and neither seems likely before SGI gets delisted. Pink sheets on the horizon??? Regards Don

To: Thomas A Watson who wrote (8942)	7/21/2001 9:14:38 AM
From: James M. Bash	Respond to of 14451

Some of my notes from their April report and conference call... Seems they have additional resources to tap should they need to. Current market cap for all of SGI is $104M (isn't Alias\|Wavefront alone worth way more than that?) : As of March 31, 2001, cash, cash equivalents, and marketable investments were $218M, including $100M of short-term restricted investments. This compares with $268M on December 31, 2000, $258M on June 30, 2000, and $387M on March 31, 2000. Other additional [long-term] Restricted Investments at March 31, 2001 totaled $106M. $43M has since been released from the short-term restricted investments (see April 2001 event in the 10-Q). Net property and equipment at March 31, 2001 was $324M. Over last nine months, the company sold $335M of non-core assets (incl. building sale-leaseback agreements). As of March 31, SGI has received approximately $270M in cash from these sales. Company closed sale of additional building and received $25M in cash in April. Goal for current fiscal year was to sell $400M in non-core assets and generate a gain on these sales of $200M. To date, we have completed the sale of $335M of these assets and generated a gain of $80M. The remaining assets to be sold primarily consist of commercial real estate located in Mt. View, CA. From July 9th announcement: SGI had unrestricted cash of approximately $120 million at quarter end, compared to $118 million at the end of the previous quarter. Thus, as of June 30, 2001, I estimate they have $283M total in cash and investments (incl. restricted). This doesn't include the significant additional property they haven't sold or closed on yet.

To: Thomas A Watson who wrote (8942)	7/23/2001 12:52:58 PM
From: Ms. Baby Boomer	Read Replies (1) \| Respond to of 14451

SGI ["sgi"] logo happened to be on an Indy driver's NorthernLight Series car over the weekend...ain't that cool how they project the graphic on the oval! ************************************************************************************************************************************************** Wednesday July 18, 9:07 am Eastern Time Alias/Wavefront's Maya Software For Mac OS X To Ship By September 25th Much-anticipated Release to Include Latest Rendering Technology Developments NEW YORK - Macworld--(BUSINESS WIRE)--July 18, 2001-- Alias/Wavefront(TM), an SGI (NYSE:SGI - news) company, today announced that its Maya Complete(TM) software for Mac OS X is scheduled to ship on or before September 25th, 2001 and will include the company's latest advancements in Maya® rendering technology. Maya, the entertainment industry's leading 3D animation and effects package, is the largest, most technically sophisticated program to be built for Mac OS X. As the leading 3D package, Maya's rebuild as a Macintosh application will help traditional graphics artists bridge the gap between 2D and 3D. Maya will be demonstrated at Macworld in the Alias/Wavefront booth No. 1707 where the company is launching an advance-order promotion of the software. ``We are thrilled to be on the verge of releasing Maya as a native Mac application,'' states Mark Sylvester, Ambassador at Alias/Wavefront. ``Mac OS X provides the kind of powerful, open environment Maya users demand with a UI that artists love. Apple has done a tremendous job of implementing their support for Open GL and we can't wait to see what the Mac graphics community is going to be able to do with Maya once it's available to them.'' biz.yahoo.com