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

To: JPolo36 who wrote (4648)4/8/1998 7:15:00 PM
From: larry larsen  Respond to of 14451
 
I agree that SGI seems to be in an accumulation phase. It's not at all uncommon to see increased volume followed by an increase in price followed by a major move up. Looks very promising.
PS No, I'm not some young buck with a few k$ trying to play the big shot and move the price of the stock ;-)
PPS Long suffering SGI holders, maybe not much longer.



To: JPolo36 who wrote (4648)4/8/1998 10:50:00 PM
From: Jorcas  Respond to of 14451
 
>>SGI +++ 1/2 (3.49%) SGI showed a lot of strength today even with all the volitility in th market. There seem to be a lot of demand for this stock the whole trading session. And this is with a volume of 1,964,800 vs avg 1,265,454

It's probably the 'sell on the news' crowd waiting for the new
CEO's official strategy announcement.

Jorge


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