SGI Sets Sights On Turnaround
grub wrote to us about an article about SGI, and its ongoing battles to turn its corporate fortunes around. The company's been doing interesting stuff for a long time - here's to hoping they stay around.
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It's good to here some good news come from SGI... I've been a fan of pretty much everything that they've ever done. I find Irix to have the sweetest desktop out there of any Unixes I've ever used (Gnome and KDE pundits may repectfully disagree). Hell, even the cases they put their machines in are works of art.
Anyway, although I am rather happy to hear that they will be recieving a financial shot in the arm from the new wave of government spending, I am a little worried, given the track record for stability of Irix, that these machines will be running fighter jets (can anyone say kernel panic at 30,000 feet)?
Its due to their great songs!
;-)
I have an original, still-in-the-jewel-case "Octane: The Sound Track" CD. These five classic songs make a great addition to any collection.
1. Ignite Your Mind
2. I Have a Dream
3. OCTANE Swing (featuring the can't-get-it-out-of-your-head lines, "Octane / you're gonna rock-tane!" and "Competition is in shock-tane!" and "Octane, danke shoen!")
4. Retro OCTANE
5. Knee Deep in 3D
I wouldn't part with this disc for all the tea in China, but I'll encode it and send you the files for the right price.
On September 13th I was looking at SGI's stock at $0.33 a share, and I was thinking about buying some of it.
I thought that the company had good prospects, even though it was failing at customer service, shipping ordered products, selling short and losgin a lot of money on a number of their x86 intel-based workstations.
They had built some amazing supercomputers for the national weather service, providing boxes for render farms for final fantasy, monster inc., and a bunch of other movie prodcutions (sorry, no time to look for links).
It seemed that it was the 'market analysts' and some disrgruntled customers and amazingly a lot of fear of 'restructuring' the company, that brought the stock price so low.
Somehow, I ended up not buying any. Now their stock is at around $2.14 a share.
I will be kicking my ass till I die that I didn't buy those shares.
It definately shows how much hype goes into inflating or deflating the stock prices and might not show the actual company value, performance, or ability to bring money to the stockholders.
I believe that SGI will come out on top after all.