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


To: Woody_Nickels who wrote (6096)5/19/1999 2:14:00 PM
From: JC  Read Replies (1) | Respond to of 14451
 
What's ailing SGI? It seems to me that SGI has more or less completed it's restructuring...so why is the stock price stuck at around $12?



To: Woody_Nickels who wrote (6096)5/22/1999 2:58:00 AM
From: brushwud  Read Replies (2) | Respond to of 14451
 
Day 500: The SGI Turnaround Continues

You are a very patient man, like Rick and Steve. Here's Steve's mea culpa for the slight problem of a late government filing:

"[SGI] was unable to meet the May 17, 1999 filing deadline for its Quarterly Report on Form 10-Q for the quarter ended March 31, 1999."

sec.gov

Possible explanations:

1. My dog ate my homework.
2. Poor reliability of SGI enterprise servers.
3. Parentheses worn out on SGI finance department keyboards and the stockroom was closed last weekend.

> I can wait for the plan to bring SGI back to the fore.