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


To: Larry Brew who wrote (3255)10/28/1997 4:24:00 PM
From: Brett Behm  Read Replies (2) | Respond to of 14451
 
<I read SGI's delay as more negitive news.>

I tend to agree. We are all anticipating some kind of news which might budge this stock up a couple of points - Ed resigning, buyout, or heavy cost cutting measures. Why would it make sense to delay good news, on a bad market day? Personally, I don't ever see a buyout. Just about every stock on SI has buyout speculation every year or so, and very few actually happen. I see some sort of cost cutting plan in place with Ed still at the helm.