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


To: rumboman who wrote (3243)10/28/1997 11:42:00 AM
From: Al  Read Replies (1) | Respond to of 14451
 
Either way, some heads are going to roll. I feel that the price of SGI should go up significantly if Ed were to be fired or resign (unfortunately, highly unlikely for @ least another qtr) or a major reorg and/or merger implementation. Additionally, I noticed that IBM announced a major buyback of their shares today. These guys have done that consistently to improve their EPS from year-to-year, even though their boxes have been on the decline in recent memory. How about a buyback in SGI shares at these ridiculously low prices? It's been discussed by many analysts and experts that SGI still have one of the top technology in the market. It's unfortunate that these guys just can't get their sh*t together.

Just offering my 2 cents b4 Thursday,
Al



To: rumboman who wrote (3243)10/28/1997 12:35:00 PM
From: James Tarifa  Read Replies (2) | Respond to of 14451
 
Thread,
If SGI is taken over by ANYBODY on Thursday I'll be happy.

Now if that does not materialize and if the Board decides not to fire Ed despite his undisputable incompetancy, then I will lose all respect for the board.

Any why have the Big announcement on Thursday and the Annual meeting on Wednesday? It seems to me like a ploy to quiet the angry investors present at the annual meeting with the promise of something good the next day but of course they couldn't talk about it on Wednesday! The carrot stick story! Doesn't that sound fishy to U guys too or is it just me?

JT



To: rumboman who wrote (3243)10/29/1997 1:23:00 PM
From: rumboman  Read Replies (2) | Respond to of 14451
 
Nominations for the SGI Advertising Hall of Shame:
While there are a fair number of ads that are serious contenders,
I hereby nominate an ad appearing in the Sept. 23, 1996, issue of
Business Week, titled "Silicon Graphics Intranet," featuring a
photograph and statment from SGI's CIO. SGI's CIO initially
informs the reader that he had previously been informed by a Business
Week 1000 company IT officer that the officer considered an
intranet a luxury and had recently read that this officer had been
fired; according to the CIO, "that particular firing was a no-brainer.
The IT executive had no excuse for his lack of foresight."
For the SGI CIO to at least implicitly, if not almost expressly,
tell IT professionals they will lose their positions unless they
set up an intranet seems a rather strange marketing ploy. One
possible explanation: there is some sort of weird competition among SGI executives as to who can sound the most, dare I say it, arrogant--
perhaps following the footsteps of the big man himself?

Postscript: ironically, the insert attached to the SGI ad, which
compares corporations today without intranets to corporations
tomorrow with them turned out to be somewhat nonsensical itself;
textual material belonging in one category was placed in another
instead(that is, material discussing changes in hiring practices was
placed in the category for changes in software distribution and
vice-versa).