An interesting article has popped up on The Register by Timothy Morgan, where he argues that the tech stock slide produced by the ongoing credit crisis has provided a perfect time for large, established – and exposed – technology companies to take themselves private.

The usual R&D heavy suspects are discussed – Sun, Cray – and Silicon Graphics.

Silicon Graphics, once a high-flying Unix workstation and supercomputer maker, should also think about going private. The company’s shares trade on the small cap portion of the NASDAQ exchange, and it has a market capitalization of $101m as we go to press. In the first six months of 2008, SGI posted sales of $172.9m but booked losses of $74.9m. The company had just under $40m in cash as the June quarter closed.

It could be possible, especially with continued strong government contracts and continued interest from large investors.

What do you think?