- Nov 11, 2004
In addition, SGI's premature announcement of its MIPS-to-Itanium architecture migration (still uncompleted, as of 2006, though they did announce the end of MIPS/IRIX products by December) and its abortive ventures into IA-32 architecture systems (the Visual Workstation line, the ex-Intergraph Zx10 range and the SGI 1000-series Linux servers) damaged the company's credibility in the market.
In November 2005, SGI announced that they had been delisted from the New York Stock Exchange because their common stock had fallen below the minimum share price for listing on the exchange. SGI's market capitalization has dwindled from a peak of over seven billion dollars in 1995 to just $120 million at the time of their delisting. In February 2006, the company announced that it may run out of cash by the end of the year, forcing a sale of the company or even bankruptcy. 
On 8 May 2006, it was announced that SGI had filed for Chapter 11 bankruptcy protection.  On 17 October 2006, it was announced that SGI had emerged from Chapter 11 protection.  The company's symbol SGID.pk was canceled on Oct. 17. The stock is now traded under the symbol, SGIC. SGID common stockholders did not receive any of the new stock and are left with worthless shares. The company will not speak SGID shareholders and refers them to a recorded message.
:laugh:Originally posted by: Syrch
When it became too hot inside the computer (Engineers opted to not use a fan), chips would start popping out of the boards! In order to correct the issue, Apple tech support could be heard saying "please lift up your Apple 3 about 10 centimeters off the desk, and drop it." this would put the chips back in the slots sometimes.