What Happened on July 31st

SGI COO Tom Jermoluk Resigns, Becomes CEO of @Home
SGI Chief Operating Officer Tom Jermoluk resigned to become CEO of @Home, a company building a high-speed backbone for transmission of information over the Internet. Jermoluk's move showed the turmoil still present at Silicon Graphics, which had been one of the star computer software companies before seeming to take a number of missteps that made its profits plunge and its management fluid.