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

To: Bill Holtzman who wrote (5772)	2/26/1999 12:20:00 PM
From: dd	Read Replies (1) \| Respond to of 14451

If my memory of past reports is correct, quite a large amount of the 22 million shares already bought have been bought recently. This makes me think that this stock is still weak - that most potential buyers are still waiting for positive proof of earnings before getting in. Our volume certainly did dry up quickly on this last rally. dd

To: Bill Holtzman who wrote (5772)	2/26/1999 4:12:00 PM
From: brushwud	Read Replies (1) \| Respond to of 14451

I'm not an accountant either, but yes, shares outstanding decrease. They're prorated according to when they're bought, so if they repurchased 5.8 million shares right in the middle of this quarter, that would reduce their shares outstanding by 2.9 million this quarter and 5.8 million next quarter. Other things may cause shares outstanding to increase, like option exercises or the ESPP. Options count toward shares authorized, but not shares outstanding, although they may be included in fully diluted shares (whenever the company makes money again).