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


To: dav who wrote (5604)1/20/1999 5:44:00 PM
From: Jojo Mosko  Read Replies (2) | Respond to of 14451
 
Thanks dav. So SGI has beaten analysts expectations.

Expected number was, I believe -21 cents, whisper number
was -19 cents, and SGI came in with just -14 cents per share
excluding special one time items. If you include the one
time items, the picture was slightly better (ie. -11 cents).

The new management is regaining credibility for SGI:
Belluzzo has said that he expects a small loss in Q2 (the one
just announced) but an overall profit for the fiscal year.
Looks like accurately delivering on expectations that were
set before, actually a little bit of over-delivering.

With the introduction of the new products it seems like SGI
is on a good course to achieve this. This certainly looks
way better than previous big losses. Turnaround time ?