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: Don Green who wrote (10960)5/19/2003 11:35:15 AM
From: Larry Brew  Read Replies (2) | Respond to of 14451
 
Don, I agree it should always be about profits, but not so.
Speculation and greed rules. I never sell in the red. I took 3 companies to zero, but overall it's been
a very very winning strategy. The uglier SGI looks the better the buy. It's not going to die and I bet you realize it. I'm still waiting for those 2.5 million shorts to cover. It may happen under a buck. Clearly your not long
so I must assume your one of the shorts driving SGI down
through the weak and desperate that overload their finances. Only 2 strategists get my attention. Jimmy Rogers and Bill Seadman. Others just try to move stocks. Keep those money presses rolling to pay the bills and take the dollar down, then watch for that double digit inflation across the economy and markets. I love it. It doesn't matter which way things go as long as one's in tune. I expect a pullback to about Dow 7700. It's part of why I'll be on the sidelines again except for SGI. Remember, I don't sell in the red. Larry



To: Don Green who wrote (10960)5/19/2003 1:45:56 PM
From: MJ  Read Replies (2) | Respond to of 14451
 
Don and Larry

Just have to "chime in" here-----SGI was on my screen when it was much higher. Then when the market crashed-----I saw a viable, speculative opportunity based on charts and the areas that SGI is in.

Like Larry I bought low, very low-----and when it went to 3 to 4 took some off of the board. Then bought back in when Bishop bought at 81 cents ------not knowing that I was coinciding with Bishops buy---nor do I know Bishop.

For me it is all based on charts-------by the time a company shows tht it is profitable-----a stock is often in the double digits.

No Don it is about anticipation of profits-----by the time the profits come the smart money has already bought and the stocks are much higher.

Will that happen with SGI? We shall see.

mj