True. Anyways, the gossip sites forgot to mention too that in addition to a sequential decline in rev ($26M decline to $144M), and operating profit (2$M decline to $28M in operating losses), Accounts Receivable declined as well with $23M to $70M as well as Inventories that declined with $13M to $62M. Decline in inventories is ofcourse normal for a seasonally strong quarter, just like risen GM. Decline in Accounts receivables though particularly in this quarter is not a good sign. Suffice to say neither is the rev decline. Ofcourse there's always new products down the pipeline, some of which have very recently been released (the slip in release of these new products could explain some of the backlog growth), while Montecito based products will have to wait till summer. All in all SGI almost certainly will continue to bleed out of its main arteries for two more quarters; at least imo till Montecito based revenue starts making up for current IRIX/Itanium(Madison) System Rev declines. SGI does have some good tech for a good price. If anyone (NEC/Fujitsu/Bull/...) would want it now is the time.
Regards,
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