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

To: MJ who wrote (9936)	4/23/2002 7:51:37 PM
From: Don Green	Read Replies (1) \| Respond to of 14451

MJ> Go to the really longterm chart on SI???? SGI turns profit due to tax refund SGI was poised to win business from big computer makers like Sun Microsystems Inc.(NasdaqNM:SUNW - news) and Compaq Computer Corp.(NYSE:CPQ - news) ``They are just amateurs when it comes to visualization,'' he said. But Chief Financial Officer Jeff Zellmer's fourth quarter forecast was below Wall Street hopes. In the same interview, he predicted fourth-quarter sales would be in a range of $310 million to $330 million, gross margin would be around 40-42 percent and the operating loss would be in the ``low teens or so'' millions. Shares of SGI fell before results were announced, dropping 6.4 percent to $3.51 on the New York Stock Exchange. (Old news now! SGI 4:03 PM 2.78 -0.73 -20.80% 3.11 2.68 5,182,700 ) The shares crested $4.60 in April, rising from a low of 32 cents Sept. 20. biz.yahoo.com Analysts had expected SGI to break even or show a slight profit by the fourth quarter. OOPS! Message 17287346