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


To: dd who wrote (3433)11/4/1997 4:25:00 PM
From: Justin Banks  Read Replies (1) | Respond to of 14451
 
dd -

I'm (probably obviously) long for mid to long term. There probably won't be an upswing in price until the exact nature of the layoffs and/or a new CEO && CFO is announced. I've loaded up on as much as I felt I could afford while still providing myself some diversification.

There are lots of good buys right now, and IMO, SGI is one of them.

-justinb



To: dd who wrote (3433)11/9/1997 9:07:00 PM
From: Mark Dalton  Read Replies (2) | Respond to of 14451
 
>> What is your opinion on SGI at this time? Thank you.

IMHO:
I would say buy while it is low. $13/share now that is CHEAP..
The lowest it will go is probably $12. But it should be around
$25-$30 by the end of the quarter.

(Just my opinion, NOTE: I am also a share holder and employee)

But I really believe this, if you can take advantage of the
fickle investors that don't actually understand computing you
can make a lot of money from their short term perspectives based
on a bad quarter. (And yes there have been long term problems for
investor predictability/management profitability predictions).

That said, SGI has great products!

Mark