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


To: Justin Banks who wrote (3486)11/7/1997 10:33:00 AM
From: Brett Behm  Respond to of 14451
 
Has selling pressure actually dried up?

I was hoping to see SGI down another point by now, but as of 9:44am it is only off 3/32. I already own more than I originally wanted to, but plan on doubling up at 12 7/8 or better. I think a few of us are waiting for it to retrace that low. Who would of thought one could have actally done quite well by shorting this stock at 17. It's a good thing the market always acts totally efficient, otherwise I might be inclined to believe factoring in all knowns, the stock is really worth more than 13 and change.