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


To: Don Green who wrote (5065)7/23/1998 7:56:00 PM
From: Eli Lauris  Read Replies (1) | Respond to of 14451
 
<< I figure SGI's CEO has one more quarter before Wall Street demands his head..If he can post a profit even a slight one, before year-end there is hope..Otherwise sub-10 pricing is distined. >>

Belluzzo made clear in his earlier presentations that he did not expect to show any quarterly profit until 2nd half of FY99 (which is 1st half of CY99). He also set the expectations for *at best* a break-even FY99 overall. So I think the current stock price already reflects these expectations (but you never know).