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

To: xamir who wrote (4107)	1/22/1998 5:05:00 PM
From: vegetarian	Read Replies (1) \| Respond to of 14451

SGI has a book value of 9.87, so that might provide some support tomorrow, otherwise it is el-deado-meato.

To: xamir who wrote (4107)	1/22/1998 5:14:00 PM
From: Chris Abellera	Read Replies (1) \| Respond to of 14451

SGI Earnings: +$0.12 EPS (before) charge First Call Estimate: $0.07 EPS (before charge) They beat the estimate by $0.05! The one-time write-off charge has already been taken into account by the analysts. Earnings report is very upbeat. Cash balance is at $655 million (company's book value is at $10). Sun's stock price is at 3x book value. They implemented program to reduce operating expenses beginning in Q3. Suggests strong potential for server business in Q3. I'd be surprised if this stock didn't pop up tomorrow. -Chris