| Title: | Hudson VLSI |
| Notice: | For Digital Chip Data - CHIPBZ::PRODUCTION$:[DS_INFO...] |
| Moderator: | RICKS::PHIPPS |
| Created: | Wed Feb 12 1986 |
| Last Modified: | Fri Jun 06 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 701 |
| Total number of notes: | 4658 |
+ SGI DIPS INTO RED
Silicon Graphics Inc didn't even manage to break even in its
second quarter. After warning that revenue would be way down
(CI No 3,072), and that it expected to just make the break even
point, SGI reported a net loss of $13m after $14m charges
relating to the effects of writing up inventory at the time of
the merger with Cray Research Inc, compared with a profit of
$52m last time. Revenue was $825m, down 8% on the $899m it did
last time on a pro forma basis, which includes the revenue from
the Cray acquisition. At the half way mark SGI reported a loss
of $35m against a profit of $111m after charges on revenue of
$1.6bn, up 26% on $1.2bn. SGI shares were down $2.50 on the day
at $26.00.
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 639.1 | HELIX::SONTAKKE | Tue Jan 28 1997 18:39 | 1 | ||
Amazing, isn't it? It is still trading at its 52wk high price. | |||||
| 639.2 | Wonder where the R10000/275MHz chips went.... | PERFOM::LICEA_KANE | when it's comin' from the left | Tue Jan 28 1997 19:33 | 11 |
Uh, SGI was at 45 in July of 1995 before it crashed. It had gone
there from about 5 at the beginning of 1991.
The good news is that they promise they will have all the systems
they announced in the past year in volume production by the end of
this quarter. Better still, the stuff they announced yesterday will
be in volume production within the next six to nine months. (Of
course, that was what they said a year ago when they announced the
R10000 systems.)
-mr. bill
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