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Technology Stocks : SIGMA CIRCUITS (SIGA)

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To: Creditman who wrote (39)	4/22/1997 2:33:00 PM
From: CLYDE PAUL	of 200

If memory serves correctly, the press release said about 1.5M for the bad debt. I would also assume some of the dropoff in sales was related to this client. Perhaps some of the writeoff in inventory (developed for the client, but not shipped?) are was reflectedin earnings. Therefore it appears much (some) of the quarter's bad news may be related to this one client. The press release mentioned legal action. Do you have any insight into the situation, especially in terms of potential collection of bad debt? It would seem that for a company of Sigma's size the probability of the several possible outcomes would have major consequences.

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