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


To: Justin Banks who wrote (3908)12/29/1997 7:46:00 PM
From: dd  Read Replies (2) | Respond to of 14451
 
Justin-

How much are we going to make this quarter?

Happy Hunting

dd



To: Justin Banks who wrote (3908)12/30/1997 10:31:00 AM
From: Brett Behm  Respond to of 14451
 
<I take it you think that we're going to lose money this qtr? Why?>

Looking back over the last 5 qtrs, 3 of them showed losses, 1 was a small gain, and the 1 blowout qtr. We know for sure there will be the write off for employee reductions, coupled with the asian crisis, soft server sales, increases in marketing and advertising expenses, and a better than 500 batting average by management for missing the mark.

Management has set an artificial figure of 900 Million in revenue to be profitable. Some how, some way this either will not be reached, or it will with an explanation of why still the profit short fall.

The confirmation of all of this will be spelled out over the next 3 weeks of stock movement. Anything short of a 15 break out will probably signal a pending disappointment.