SGI suspends guidance, shares -15.1% AH

|By:, SA News Editor

While its FQ1 results nearly matched the numbers provided in the company's Oct. 10 warning, Silicon Graphics (SGI) says it's suspending guidance due to a lack of visibility for government orders in the wake of the shutdown. Guidance will be provided once SGI receives "further clarity on expected government spending."

SGI has fallen to levels last seen in April thanks to the commentary. CRAY, which sold off in sympathy with SGI following the warning, might do so again.