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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.""

1 of 307 comments (clear)

  1. Bad moderation strikes again... by nonlnear · · Score: 0, Troll
    Clearly you were modded down by a know nothing moron who doesn't have a clue about investments. It was painful to read your simple, honest, corect point - only to look up and see that somebody had the bad sense to mod you down.

    For the record, the parent is right. Anyone who makes investment decisions based on the dollar price of stocks should be asking for a refund on their lobotomy, as there was obviously too much removed.

    --
    argumentum ad fallacium: Fallacy of defining a fallacy which allows one to dismiss the argument in question.