There is a big risk that a hoped-for comeback will never materialize, so it is foolish to pay for anything resembling optimism. We want cheap--dirt-cheap. In this troubled corner of the market, we want to find a stock-price graph that looks like Niagara Falls. SGI's isn't quite that bad, but it's not pretty either. After trading as high as $42 in 1995, SGI's stock price slid downward with occasional bumps along the way, losing 50% of its value in 1997 and another 25% in 1999. At the end of 1999, it was trading for less than $10 a share.
How Cheap Is It? >>