Linked by Thom Holwerda on Thu 6th Jul 2006 19:40 UTC
SGI and IRIX SGI hopes to emerge as a leaner, meaner organisation by the end of the third quarter. The hardware maker this week filed an amended reorganisation plan that calls for it to finish off bankruptcy proceedings by September. If all goes as expected, SGI will trim its total debt down to USD 70m from USD 345m. Some of the debt will be removed in exchange for the privilege of investing more money in SGI 2.0.
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RE: Out of caviar...
by monkeyfist on Thu 6th Jul 2006 20:59 UTC in reply to "Out of caviar..."
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I hope they make it. I've watched them sadly ever since I first heard of them( they were on the way down even then). I've always been very impressed with their products, and couldn't, for a long time understand how they could be so technologically impressive and sooo brain-dead managerially at the same time.

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