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Silicon Graphics International Earnings In Retrospect: Up 18.6% in the Last 12 Days (SGI)
[February 11, 2013]

Silicon Graphics International Earnings In Retrospect: Up 18.6% in the Last 12 Days (SGI)


Feb 11, 2013 (SmarTrend(R) News Watch via COMTEX) -- A week ago on January 30th, 2013 Silicon Graphics International (NYSE:SGI) reported earnings and analysts, on average, expected earnings of $0.08 on sales of $170.5 million. The company actually reported EPS of $0.10 on sales of $171.2 million, beating EPS estimates by $0.02 and beating revenue estimates by $0.7 million. Since the company's report, shares of Silicon Graphics International have risen from $12.82 to $15.20, representing a gain of 18.6% in the past 12 days.

In the past 52 weeks, shares of Silicon Graphics International have traded between a low of $5.02 and a high of $15.48 and are now at $15.20, which is 203% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.8% while the 50-day MA has advanced 6.6%.

SmarTrend recommended that subscribers consider buying shares of Silicon Graphics International on December 10th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $9.09. Since that recommendation, shares of Silicon Graphics International have risen 67.3%. We continue to monitor SGI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.


Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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