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


To: Susan Saline who wrote (11493)10/21/2003 11:49:01 AM
From: Ms. Baby Boomer  Read Replies (1) | Respond to of 14451
 
Hi Susan...R U serious, LOL...

Me thinks she's docked here until SGI ties up lose ends on the bond deal, and files Definitive Proxy Statement w/SEC...

Currently, selling @ discount (p/s) to tech peer group...IMHO this could change upon finalization of the terms, and should they go cash flow + (higher end of their projections) during present quarter...

CC was positive...in that SGI Mgmt. projected growth of 5-10% going forward, both existing and new accounts (BA, MOT, etc.), increased margins, market share for their product line, and statement to the effect that they believe SCO's claims have no merit...

IMHO, looks like L/T chart is headed for a "Golden Cross"....

See ya,

M

PS...On the other hand, if Cookie's Crystal Ball is correct...things could improve quite dramatically....;0)