[rescue] SGI stock @ 53 cents

[Patrick Giagnocavo]

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.

./patrick