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BancBoston Robertson Stephens Upgrades Silicon Graphics to a Buy Rating

Jan 29, 1999, 15:07 (0 Talkback[s])

Silicon Graphics Linux support raises its value as investment.

"Having raised Silicon Graphics to Long-Term Attractive last week, we now are upgrading the stock to Buy with a price target of $25 based on the confidence we gained at the company's analyst meeting yesterday," said Niles. "We find the company has great potential for expansion in the mainstream market with its new NT visual workstations and its plans to expand its server into the commercial markets."

"We believe Silicon Graphics can: ..."

"... accept NT and Linux user communities and adopt NT/Linux strategies,..."

Complete press release

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