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Silicon Graphics International Corp. Message Board

oc_man08 2 posts  |  Last Activity: Dec 3, 2015 11:42 AM Member since: Aug 20, 2009
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  • Reply to

    Blowout earnings!!

    by mktmhm11 Dec 2, 2015 10:08 PM
    oc_man08 oc_man08 Dec 3, 2015 11:42 AM Flag

    They are still losing money on every sale. The company is larger in terms of people than the sales justify. Look for layoffs in the coming months.

  • They have never been profitable. (There are other Storage and IT companies that have)
    Their competitive position in the market is weak, EMC, IBM, HP, Netapp and Dell are much more established.companies that are making money in their storage business. They are likely to survive and out live the length of their support contract.
    Pure has to discount their storage significantly to get people to buy it. This means that they are likely losing money on every sale. How long can they survive?

    Sentiment: Strong Sell

SGI
4.60-2.39(-34.19%)Apr 28 4:00 PMEDT