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


To: Mathon Dabasir who wrote (4237)1/30/1998 12:27:00 PM
From: Andrew Ghezzi  Respond to of 14451
 
Its still going up!!!?!?!?

Alright, I can see the CEO change as the impetus for a moderate increase, but that story is old right now.

The accumulation is still there and its just cruising. I'm now in the opinion that bigger news is on the horizon that only the "few and smart" are privy to know about.

Is everyone here a little surprised at the bump we've gotten from RR? And is anyone thinking that while it may have been the reason for a slight increase that "other factors" are now causing the interest?



To: Mathon Dabasir who wrote (4237)1/30/1998 12:59:00 PM
From: Larry Brew  Read Replies (1) | Respond to of 14451
 
Mathon,<<$25+ summer buy-ins, yes,you know what your talking about>>

I made a truck load at $24, after the +.60 quarter announcement.
Sold it all and walked away, believing SGI needed another qtr to
prove itself. As many amateurs, I allowed an investor IN LOVE with
SGI convince me Utopia had only begun. I put almost all back in at
$26. After the next earnings disappointment, I began buying down,
still a believer.
All in all, sticking it out should be o.k. One never knows. I may
have moved the money to even a worse performer. Anyhow, it does
appear something is driving it up. A couple anticipated (by me)
selloffs sure would make them cash strong. I'm thinking of those
sectors not core to HWP. :-)
Larry



To: Mathon Dabasir who wrote (4237)1/30/1998 1:59:00 PM
From: dd  Read Replies (3) | Respond to of 14451
 
>>><imho> Gotta be news in the works. Anyone know anything???<<<

What a nice surprise when I got home from town. I hope you guys are correct and that there is some good news out, but IMO this is still a reaction from the new CEO announcement. I don't believe that enough time has transpired for there to be other good news. Also this stock was so beaten down that a stronger than normal upside is possible (to start with). Sort of like a train when it first starts moving-slow then gains momentum- I am looking for 18 and hoping for 20 without too much of a correction. After that-may I borrow a quote from Mathon -"I have no idea what I am talking about".

Happy Hunting

dd



To: Mathon Dabasir who wrote (4237)1/30/1998 5:58:00 PM
From: dd  Read Replies (1) | Respond to of 14451
 
OFF TOPIC:

Mathon this may be of interest to you-

news.com

Happy Hunting

dd