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

To: Don Green who wrote (5333)	11/15/1998 2:26:00 AM
From: john dodson	Read Replies (1) \| Respond to of 14451

If you think the recent runup in SGI is unimpressive, I bet you'll be even more unimpressed next week. With the markets pausing to catch their breath, and all of the uncertainty in the middle east, I have a feeling that SGI will be lucky to hold on to what little gains it has made this coming week. Throw Greenspan in the mix, and there you have it! Any other SGI'ers nervous about the upcoming week? Then again those Nov call options that spiked up in volume will expire this Friday. So, whatever magic is supposed to happen will be revealed by Friday. I bet no buyout is going to happen anytime soon. My take is that someone was trying to play all those SGI "fastest computer known to man" press releases on top of a surging market. Looks like Mr. market got the last laugh, however. Nov 15 calls are currently well below the money, and likely will expire worthless, with a good chance that the 12 1/2's will do the same. Time will tell... -John dodson