Silicon Graphics International Corp – $SGI – Confident Investor Rating: Poor

Company name Silicon Graphics International Corp
Stock ticker SGI
Live stock price [stckqut]SGI[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance:

Silicon Graphics International Corp., formerly Rackable Systems Inc., is a provider of clustered computing and storage, high-performance compute and storage, and data center technologies integrated with a choice of software, customer support services and professional services. It develops, markets and sells a range of low cost, mid-range and high-end computing servers and data storage, as well as differentiating software. It sells data center infrastructure products purpose-built for large-scale data center deployments. The Company groups its products into six categories: Scale Up Servers, Scale Out Servers, Workgroup Servers, Data Storage Systems, Software and Data Center Infrastructure. On May 8, 2009, the Company completed the acquisition of all of the assets of Silicon Graphics, Inc. On February 23, 2010, the Company completed the acquisition of substantially all the assets of Copan Systems, Inc.

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock. It is not possible to confidently invest in a company that is not currently profitable.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.