SI
SI
discoversearch

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: Maher Sid-Ahmed who wrote (10022)5/9/2002 4:05:48 PM
From: Jane Hafker  Read Replies (3) | Respond to of 14451
 
Mahar, this is the "pooled info" of which I spoke to D.G.

So let's discuss this. Make money or be bought out. That seems a no brainer to me. A company admittedly by EVERYONE to have more bang for the computer buck than anyone, and needing expensive add-ons to make a system camparible to SGI's ONYZ2, well, it seems a perfect marriage with SUNW, especially. Today on CNBC some talking head was analyzing SUNW and Mark said, "but what about compared to SGI, IBM ( and anothher I forget). The woman said that SUNW ON IT"S OWN MIGHT TEND MORE TOWARD THE PRESENT POSITION OF IBM, "AS OPPOSED TO SGI". Now I assume that interprets, "as opposed to staying lower and a smaller co. than SGI is at present."

I mean, do these guys at SUNW have their eyes open? I hope so. IBM would be verging on monopoly, like MSFT, and I think logic dictates only a smaller entity could pick up SGI.

But if all is true, and they can't make it on their own,
is there anyway to gather intelligence on current sales/etc. at SGI? If oil patch stuff goes through and there is more interest at NASA alone, SGI will take us well above $5.00 in a few quarters--even this year.

Anyway, I would very much like to hear thoughts on that, also what's with CRAY? It is moving up slightly, but that could only mean it has a small share of the huge pie and deserves and is getting some new business. CRAY will, like all other stocks on earth, probably move down also. To jump around like a toad in a hot pan from stock to stock has rarely made money for anyone, so I'd rather watch this one like a paid private investigator.

EVERYONE has a vested interest in stocks moving down. That's where all of the money is made--as they move back up.
Including any of us if we catch the channels and get to know them well. The current channel is much narrower and is settling at $2.50.

SGI is hiring a WHOLE BUNCH OF PEOPLE. I called switchboard and asked if those net postings were all open, and were real, and the girl said yes. Dying businesses hardly pack on tons of new weight,
and that signals a future. Also, traditionally it will only bounce off $2.50 a few times before it heads back up, but bumping lower, well, I think that may be time for me to
get out. I didn't put much into this stock and don't plan to put much into any one stock from here on, but I was planning for this to be part of my own private little fund.
Much lower and holding for me makes little sense without some serious announcements.