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


To: Don Green who wrote (4829)5/7/1998 3:52:00 PM
From: Jim Davison  Read Replies (1) | Respond to of 14451
 
I think the sale of MIPS is a good move. MIPS is a company with a huge future that is diverging from SGI's markets. By creating an IPO this brings the hithertofore hidden value of this company to the fore. It also increases the flexibility of SGI to raise cash if it needs to and positions the company to be more flexible in using INTEL chips. They will still have full control over MIPS, so as I see it, they get the best of both worlds. If the IPO is successful, it will be a nice pop for SGI -- maybe $2 - $3/share. --JD