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


To: brushwud who wrote (4113)1/22/1998 6:16:00 PM
From: Van Vo  Respond to of 14451
 
All:

SGI stock price at the beginning of the quarter
was around $18/shr, compared to the current
price ($11.24), it's already down by 36%. And
during the same period the NASDAQ went from 1750
to 1550 (which is about by -12%), and the Dow
(DJI) went from 8020 -> 7500 (which is only -6%).
Eventhough they miss by $.05, but the company's
outlook, cash position are generally good
(according to the contents of the report), and
with the current price level, I don't think
it will be down further. Rgds, van.