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


To: Judy Cohen who wrote (3353)10/30/1997 2:22:00 PM
From: firefly  Read Replies (2) | Respond to of 14451
 
Judy, you obviously don't have a clue. "playing games"? how do you mean? You sound like the other sheep ba'ing the the tune of
the media.

I sat in the SGI All-hands this morning and I have one
observation I would like to point out.

The majority of SGI's employees were present during this presentation and the first thing everyone did was give Ed McCracken a standing ovation before and after his presentation. It's obvious that
SGI's own employees believe in him and trust him. Keep in mind that SGI is not Ed nor the products - it's the people who work
there.



To: Judy Cohen who wrote (3353)10/30/1997 2:23:00 PM
From: James Tarifa  Respond to of 14451
 
Fish NOT fresh, when rotten at HEAD!



To: Judy Cohen who wrote (3353)10/30/1997 3:56:00 PM
From: Jojo Mosko  Read Replies (3) | Respond to of 14451
 
Judy, I can understand your being angry but I'm afraid
sometimes being too angry may seriously blur reality.
Please relax.

1) Ed McCracken did *not* make "some vague announcement
about departing". He made it very clear that he is departing.
He *was asked* by the board to stay and help the company
through the transition until a replacement is found.

2) "Nothing is happening at all" is nothing further from reality
There are dramatic changes coming, including refocusing
and internal restructuring on programs that as a shareholder
I wouldn't like to be divulged publicly (yes competitors
just love these details). Moreover this includes painful
cutbacks including layoffs (which SGI never did before)

Ed McCracken brought SGI from a few million to almost 4 billion
revenue (yes you heard it right). He has been with the company
way way longer than what most readers of this forum can imagine.

SGI and its customers owe him a lot. The world of computing
ows him a lot (3D graphics is becoming mainstream but he and his
team dreamt it 10 years before the rest). Ed personally felt
it is time for him to give a chance to someone with new ideas
to take the helm.

While every "I own 200 shares, f*** you!" person at the
shareholders meeting who has not even used an SGI product
was taking cheap shots at Ed, Ed was responding calmly and
respectfully and gently. If at all, I would like Ed to stay
and help the transition happen as best as he can. Ed is one
of the greatest CEO's ever. Not many can demonstrate anything
close to his achievements since he joined SGI in 1984.