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

To: Paul Haynes who wrote (3536)	11/13/1997 3:56:00 PM
From: Vinod	Read Replies (3) \| Respond to of 14451

Paul, It look like you have done a deep analysis. What I think the company has not shown any positive earning for last so many quarters except the 1997 Q4. SGI backlog has been reduced from >700M to <400M in last two quarters. If they stop taking revenues from backlog, where will be the revenues? I strongly believe, the stock will keep on trending down and down like IFMX and NOVL.

To: Paul Haynes who wrote (3536)	11/13/1997 5:11:00 PM
From: Jim Goodman	Read Replies (1) \| Respond to of 14451

to all: bought more SGI. @ 12 3/4-7/8 today, on very probable double bottom formation, plus, added several other depresssed "techs" as potential "PSYCLE sm" "exhaustion bottoms" here near today's lows, always diversified, with close stops (like, WDC, MU, ANET, PCTL, TST, ZE, etc.) it is rare for me to do this, but, since many depr. techs also have potential "tax-selling bounces" due, will take a shot, with close stops, diversified, etc. but, most of their calls options are too expensive on these, so will stick with margin, w/close stops this time around....and no options....my "PSYCLE sm" is a 60 % technical/chart, 30 % PSY-chological pattern concept, with very few fundamentals employed....with NO emotion, ever....best wishes,