Comments on: SGI stock faces delisting

Silicon Graphics Inc. will be delisted from New York Stock Exchange after languishing in sub-$1 range for more than six months.

[cjohn17]

Sigh...

Goodbye SGI. I was a fan but you failed to keep up with competitors
and now it's over.

We'll Miss You

I've been an SGI Admin/Engineer for the past 6 years, and this is a shame. I hope that Altix has a chance at perhaps bolstering what is left, but it's a sad day. SGI has fun hardware and a great operating system, but I guess it's not enough.

We'll Miss You, SGI.

[itmediaco]

SGI will be a "hot" OTC stock

Can't wait to see the junk faxes and emails touting this thing.

[kobe wild]

Sgi well they tried

Sgi at one time was a killer company.
There hardware and software was used for everything from computer animation to nuclear weapons simulation.
These days theres just to much competition in this space. Linux is a major factor. When you can
get An OS for free and the hardware for a song.
You can build major clusters of comptuers for a fraction of what Sgi hardware would cost.

I'm sure that pass investors are kind of pissed at the company. Worse yet some of there ex-employees are really pissed at the company.
They were told if they did not sell there shares the company would double the number of shares they had. We all know what happened next. SGI filed for bankruptcy protection and the stock tanked.
For the most part SGI has been its own worse enemy.

[s_yashwant]

Stock Holder

Unfortunately I didnt keep up to date information of this company. I have 200 shares of this company. Are they worth anything now? Or can those be worth anything in future?
I will appreciate if somebody can advise. Will SGI may come back after sometime OR I should forget the shares?