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


To: john dodson who wrote (5337)11/15/1998 8:03:00 PM
From: Don Green  Respond to of 14451
 
Bill's Lament> Message 5996253

regards
Don




To: john dodson who wrote (5337)11/15/1998 11:49:00 PM
From: Nandu  Read Replies (2) | Respond to of 14451
 
I am not at all nervous about how SGI stock price
will behave next week, but that is because
SGI is not a "trade" for me.

I haven't margined my holdings.
I don't intend to sell next week,
unless the stock breaks 20.
I don't intend to buy next week,
unless the stock breaks 8.
I am neither long nor short any options.

All this probably doesn't help you, John.
Just illustrating the difference between
long term and short term.

As for my prognosis, the jump from around 9.5
to 11+ was too sudden and fueled by rumors,
so a pullback should be expected, unless
the rumors turn out to be true. I am
of the belief that Fed will cut on Tuesday,
and that could be positive for SGI, along
with the market.

P.S. I work for SGI, but obviously nothing
above is "official".