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

To: Jim Davison who wrote (3449)	11/9/1997 9:16:00 PM
From: Mark Dalton	Respond to of 14451

Jim - I am buying SGI stock (as an employee). But what pros/cons are there involving a company buying up its own stocks. I am not familiar with (ignorance) of how this affects the company as a whole (cash on hand, and all of the bean counter numbers). (Feel free to enlighten me. I do understand and agree with investor confidence that does make sense. (FYI: For 'insider selling' I plan to sell before the end of the year after it goes back up to 29/30 again. For a down payment for a house. [Now I just hope it goes back up])..sigh.. Mark