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

To: Don Green who wrote (9927)4/23/2002 7:12:09 PM
From: MJ  Read Replies (2) | Respond to of 14451
 
Jane

Go to the really longterm chart on SI-----it is still in a bottom formation and if you believe in being a contrarian this is the buying time.

I have bought in an out of SGI and will likely buy again when the smoke clears. IMO the traders who sold over the past few days dumped their shares and will move on to another stock or buy back at a lower price to cover their shorts(literally and figuratively---)

IMO no stock which comes down like SGI has or a multitude of other stocks have done rises instantly from the ashes.

What seems encouraging about SI is that they seem to have gotten over the hump and are rebuilding as a company. This will take time.

Another suggestion-----don't be anxious to buy any stock---you can never hit the bottom or the top.

Back to music.

mj



To: Don Green who wrote (9927)4/25/2002 3:18:02 PM
From: Jane Hafker  Read Replies (1) | Respond to of 14451
 
Glad you asked, Don. Hope you were able to meet your short position successfully. I have invested in SGI, and expect nothing from any company until Aug, and maybe not even then.
We are on the rebound of all stocks, not in the first months of a three year death plunge. I am not here to argue with you. Buy and sell as you like, but don't try to be my broker, that's all I'm saying.


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