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


To: Mathon Dabasir who wrote (3958)1/8/1998 8:00:00 PM
From: epicure  Read Replies (1) | Respond to of 14451
 
I don't trade on fundamentals, strictly TA now. And I just don't see anything that bad on SGI's chart for a beaten down tech. I see support in the 11-12 range, not much indication that it is going to break down below that. Although I trade on TA, I look at fundamentals just for the hell of it. Since book is around 10, and sales around 20/share, SGI is hardly overpriced.