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


To: Chris Hipp who wrote (5915)3/31/1999 10:59:00 AM
From: Nandu  Read Replies (1) | Respond to of 14451
 
<<I think the only attributable reason for the rise in MIPS, is SGI's announcement of their complete divestiture from the company it one proudly owned!>>

You may not be totally off the mark. Call me a cynic if you want, but in my opinion, at least part of the rise from 40 to 65 is attributable to the underwriters propping up the price ahead of the upcoming secondary offering.