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Silicon Graphics International Corp. Message Board

  • moose161 moose161 Dec 29, 1997 6:56 PM Flag

    Buy Strawhats In Winter

    My mother always told me to "Buy Strawhats In Winter".. SGI is a viable company...cabable of making a strong turnaround. So
    some analyist on CNBC said it could go to 5 3/4 by March; I wonder if he is related to the analyist who was quoted in WORTH
    magazine---who said.."that Iomega's price would be similar to a hat size..6 or 7". Of course that was just before Iomega's price more than
    doubled to 30 and then split 2 for 1. Therefore, if SGI beats the meager average estimate of 7 cents per share that the analysts
    predict for the quarter ending DEC.'97, and I believe that McCracken has indicated that this will happen, might I not assume that
    SGI's price will jump to $21 per share, split 3 for 1, and then be $7 per share in March. I hope he's right. Meanwhile, BUY some
    strawhats this winter and hold until the sunshines. Good fortune to all and Happy New Year.

 
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