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To: shane forbes who wrote (11217)3/28/1998 11:37:00 AM
From: Moonray  Read Replies (1) | Respond to of 25814
 
Loss stalls SGI comeback
C|Net - March 27, 1998, 4:00 p.m. PT
news analysis

Silicon Graphics' (SGI) hopes for a quick turnaround were dashed by
today's announcement of a third-quarter loss that exceeded expectations.

One industry source said the new SGI plan will result in a partial
divestiture of its MIPS chip architecture. SGI uses chips based on
this architecture in its own computers and licenses it out to others.

SGI is expected to spin off the MIPS architecture for embedded devices,
such as TV set-top boxes and handheld phones, according to a source
who requested anonymity, while the MIPS architecture it uses for its
own workstations and servers will remain in-house.

news.com

o~~~ O