In typical SGI fashion, we got silence and the
Street took that as a positive sign. Let's all pray that
the VPC is a smashing success at COMDEX since that
makes a lot of sense that SGI demo the toy there - even
if it is a prototype. Hell, everyone has seen the
screen so what's the big deal.
That's the same thing I thought about the rumors
that Jobs was going to step back into Apple. I didn't
buy Apple. I'm still bruised from kicking
I'm not saying that I believe these rumors any more
than the others. Of course the others didn't get play
time on CNBC.
I know that any company trading
at it's book value is a take over candidate.
If the rumor isn't true, I hope the stock hits 15
before people figure it out :)
If so many know nothings say the same thing, it
must mean it is bogus. Too bad, I would like to see
SGI go up.
At least it is holding at 11 5/8.
Very strange trading, as if the market is anticipating
a big news item.
It's confirmed, all right. It's definately a
rumor. I must have heard five or six people who have no
idea what they're talking about tell me that a friend
of a friend of a neighbor of an uncle of someone who
might work at HP swears that it's true. Sounds like a
winner to me!
I think SGI will still do well even if it's not
bought. The WSJ article sounded interesting and the down
side is not bad. Ya gotta buy it to reap rewards. Just
buy buy buy!!!!!!!
It is worth more than current
price. Remember last Sept it was up in a flash.
Good luck to all.
I am looking for 25
This is not going to be a straight line up (if up
is where it is headed). There will be many
resistance points and long time holders "get out" and short
time holders who bought in 8's and 9's lock in
profits. But if it is headed up it will push through the
resistance albeit not instantly. IMHO