Channel Register: SGI Delisted, Becomes Penny Stock

“Silicon Graphics Inc today issued a melancholy press release
confirming that it has been kicked off the New York Stock Exchange,
and will now trade as a ‘penny stock.’

“The news will bring a shudder to many in Silicon Valley for
whom SGI was not simply an employer–and many Reg friends have
passed through its doors–but a company that represented the heady
elixir of what untrammeled engineering prowess may achieve when
married to some fairly intoxicating dreams…”

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