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


To: Dr. Arvind who wrote (3279)10/29/1997 12:36:00 AM
From: Nandu  Respond to of 14451
 
SGI can buy back 43M of its 183M common shares with its 650M cash.

Gee. What will Ed do for cigars after that?



To: Dr. Arvind who wrote (3279)10/29/1997 12:36:00 AM
From: Douglas Nordgren  Respond to of 14451
 
Dr.,

No need to strip the cupboard bare. Just enough to show they believe in the value of their company and its future returns. Not too much, definitely not too little. Delicate sum, hhmm? What sum would you believe?

Douglas



To: Dr. Arvind who wrote (3279)10/29/1997 12:48:00 AM
From: James Petersen  Read Replies (1) | Respond to of 14451
 
That assumes that the share price didn't rise as you busily took 43 million shares out of circulation.

I don't think this little plan would have a chance. But it would raise the price long enough for us to bail.