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


To: cape radical who wrote (4262)2/1/1998 4:14:00 PM
From: Andrew Ghezzi  Respond to of 14451
 
Any estimates out there as to where one might expect a "reasonable" pull back?

Although the volume signals major accumulation, I can't imagine this thing going up anymore without "some" downside. A little dip down would be a healthy thing and then we could go up from there.

Also, I was looking at the amount of analysts who are sitting on the sidelines with "hold" recommendations. In our case, this could mean a flurry of upgrades in the coming weeks since so many would not want to have their clients miss the boat. Its one thing to get coverage, but in this case its more of the coverage going long when they see some additional potential.

BTW, should be fun watching AEN, MON on monday. I'm watching them as a "practice" aid for when the same strong rumors start surfacing for SGI.

See you monday,

Andrew