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


To: Don Green who wrote (5623)1/21/1999 8:28:00 PM
From: Bill Holtzman  Read Replies (1) | Respond to of 14451
 
Do you think Abby Joseph will weigh in again? I think she'll steer clear myself.



To: Don Green who wrote (5623)1/21/1999 9:54:00 PM
From: Nandu  Respond to of 14451
 
Don, in my humble opinion, resistance decays with time.
Last time SGI was this high is Oct 7 1997. I think a lot
of people who bought at that level would have sold already,
and a good portion of those who didn't wouldn't be satisfied
with just getting out even.

However, people who got burned in Oct 97 will be reluctant
to get on board without further proof of the competency
of management to keep the recovery on track.

BancBoston Robertson Stephens upgraded after market close.
I think 20 is possible before Q3 results, even this month.