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Computer Business Review: SGI CEO says Bankruptcy is "Positive Event"

Jun 22, 2006, 16:45 (0 Talkback[s])
(Other stories by Jason Stamper)

"Server, storage, and visualization vendor Silicon Graphics Inc's chairman and CEO, Dennis McKenna, said in an interview with Computer Business Review that its filing of Chapter 11 bankruptcy protection in early May should be seen as a 'positive event.'

"'Before the Chapter 11 there was a high level of uncertainty around SGI,' said McKenna. 'Customers were saying that we could have the best strategy but how were we going to deal with all of this debt...?'

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