Sigma Designs- Up 50% per Month- Why? Message Board

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Technology Stocks : Sigma Designs- Up 50% per Month- Why?

SIGM 0.280

-0.2%

Aug 17 5:00 PM EST

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To: Daniel Simon who wrote (547)	11/23/1998 7:57:00 PM
From: Daniel Simon	Read Replies (1) of 849

I guess this quarter was better than I thought (i.e. no inventory write down) however they still managed to increase the loss. As I expected some weeks ago the stock is now trading around book value. Where are those 'extra' shares coming from? Can someone explain how the 'deeming' of preferred stock resulted in a 750K loss? Daniel

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