Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Ms. Baby Boomer who wrote (13404)	7/30/2005 3:26:41 PM
From: Wes	Read Replies (1) \| Respond to of 14451

And, as the CFO said, OE has to be cut from 80 million this quarter to 60 million next quarter...that's going to be tough and no doubt painful. If it can be done then, based on 150 to 175 million revenue per quarter, less the 60 million, leaves 90 to 115 million and that should make SGI profitable. The CC also said the next 90 days are critical to improve liquidity (read: loans)and restructure (read: sell more stuff & layoffs) otherwise, I suspect, the lenders won't come through. So, Alix Partners have their work cut for them; but they've been on the job for about 2 months already and I expect we are going to hear more on restructuring pretty soon.