SGI 1Q Loss 21c/Share

Silicon Graphics Inc. announces Q1 Earnings. 1st Quarter Sept. 27: ______________2002____________2001 Revenue_______$241,718,000_____$379,392,000 Net income_____(41,072,000)_____(69,282,000) Avg shrs_______199,676,000______192,094,000 Shr earns Net income_____(.21)____________(.36) Figures in parentheses are losses. Silicon Graphics Inc. (SGI) had unrestricted cash, cash equivalents and marketable investments of $191 million at the end of the quarter, compared with $218 million in the previous quarter.