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


To: Mathon Dabasir who wrote (4034)1/15/1998 1:11:00 PM
From: Sultan  Read Replies (1) | Respond to of 14451
 
Thanks for the detailed response. Yes, I remember the summer of 95 very well. I called the discount broker and was told my Alias shares were converted to SGI and the bid was 45 and "Do you wish to place any order Mr. Kabani" Ofcourse, Mr. Kabani's gut told him to sell, basically because the shares had gone up on due to interactive-entertainment and Dreamworks hype. But ofcourse, that would have meant capital gains tax etc. and I was busy with work and had no time to think (You see how I manage the stress. Many ways to justify greed). So I deferred my decision. Finally, got out early this year before the first debacle. That is after bouncing all over the map in 1996.

No direct comparison to MUEI (Another stock were I did make good money riding it from around 4 to 25 in 1994/1995 but not a very large position) but at this point have no position. Had it on my watch list but wanted to see their next qtr result. I guess now I will have to wait for a pull back.