BancBoston Robertson Stephens Upgrades Silicon Graphics to a Buy Rating | Linux Today

BancBoston Robertson Stephens Upgrades Silicon Graphics to a Buy Rating

Written By
Web Webster
Web Webster
Jan 29, 1999

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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Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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