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SGI Warns That Bankruptcy Might Be Year-End Option

Posted by ryuzaki0 on from the one-foot-in-the-grave dept.

tbcpp writes "OS News reports: "SGI issued its most ominous regulatory filing to date, warning that a bad 2006 could force the former high-flyer into bankruptcy. In order to improve its business, SGI will consider measures ranging from axing or selling off product lines to pursuing 'a strategic partner or acquirer.' The hardware maker will basically look at anything and everything to remain a going concern.""

5 of 307 comments (clear)

  1. ouch by Anonymous Coward · · Score: 5, Funny

    well that's bad news for someone. They should try and sue someone using their patent portfolio. That seems to be in vogue at the moment.

  2. So, so sexy by Anonymous Coward · · Score: 5, Funny

    And to think I nearly forked over the cash to buy one of the machines. They were just so damn sexy. I easily would have given up beer for a few months to pay for one.

    I used to dream about these boxes. Of course whenever that wonderful experience came over me, the wife would wake me up for real sex.

    Gawd.

  3. I call the logo! by jigjigga · · Score: 4, Funny

    Dibs!

  4. SGI stands for by sien · · Score: 4, Funny

    Soon Going Insolvent....

  5. I guess they won't be around for the Jupiter 2 by tekrat · · Score: 3, Funny

    See "Lost In Space" The Movie, to see what I'm talking about. SGI got a plug in the film as co-funding the trip the Robinsons were taking. D'oH!

    I guess that's like the PAN-AM logo on the Shuttle in Kubrick's 2001.

    Or the ATARI logo in Blade Runner.

    Hrmm. The one thing you should not put in a Sci-Fi film is an existing corporate logo... Seems to be the kiss of death.

    --
    If telephones are outlawed, then only outlaws will have telephones.