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Silicon Graphics International Corp. Message Board

  • ahtawil ahtawil Dec 23, 1997 9:25 PM Flag

    sgi ok buy $5 - $7 range

    pe too high, no good management, no direction

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    • I bought at 18, after it slipped so much in one day...

      darnit, I want to take my 20 percent and split.. I did it in no time with DEC... <kicks SGI> stupid stock. Go up!

      • 1 Reply to Coy_Kiyote
      • I think last year was one of the greatest times
        for the market ever, but don't expect next year to be the same,
        25 % returns in 1997 were an exception, but it'll get back to the 10 % norm.
        the market's range was 6352.82 - 8299.49 for the year.

        We may have hit a ceiling with this 8300 level , one that
        we didn't break, and we may be in this 7600-8100 range for a long while.We've been spoiled with 1997 ,but stocks are always
        a good oppurtunity to make money in the long run.

        Think Greenspan , think realistically and you won't be
        upset when the bubbles burst.

        SGi should get to around 18 in a month or two and stay there, but if you want the 20 % quicky , they've got to beat the pants off estimates, and It may take a few quarters to right the wrongs. Miracles do happen, but let's leave wishful thinking for those freaking wells and fountains. Short Term - There's also Los Vegas or Atlantic city, but if you are long term ,stocks always work.

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