[rescue] SGI stock @ 53 cents

[Ken Hansen]

At .53/share, they are not long for the public market (share price has to
remain above $1, on average -  stay below $1/share too long and your stock will
become de-listed, enabling you to IPO all over again!)...

I'd like to see MS buy SGI *through* Apple, just like they gave Apple the $150
Million "loan"...

As soon as any significant interest is shown in SGI, the stock will "shoot up"
over $1 or $2...

If I had more than $20 +/- dollars in my account I think I would get some...
Just for the fun of it really...

Ken

Patrick Giagnocavo wrote:

> On Wed, Jul 11, 2001 at 04:34:47PM -0400, joshua d boyd wrote:
> > On Wed, Jul 11, 2001 at 04:15:46PM -0500, Patrick Giagnocavo wrote:
> > > Here's a company with 2B a year in sales.  Total market cap today:  $100
> > > million.  About $200 million in the bank.
> > >
> > > How's this for the ideal rescue:  we all chip in to buy SGI... yee-hah!
> >
> > What does market cap mean?
>
> Market cap = market capitalization.
>
> Total number of outstanding shares * current price.
>
> Current price is 51 cents.  I am tempted to throw a couple hundred bucks at
> it and see what happens.  Worst case scenario they are bought by Bill Gates
> or Apple for pocket change.