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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: Glen David Johnson who wrote (230)8/22/1997 6:56:00 PM
From: Greg Paquette   of 849
 
SIGM is strong!! The -.07/sh is not bad...the rest was a write off. Opened at 5.75 bid on 350k down vol. The remaining 900k was up volume and it closed at the high of the day, bid 6.44.
Yesterdays earnings is old news. Investors are looking ahead to all the new computers that are going to have DVD drives on them. Production is cranking up for the fall and xmass sales. Heard some CPQ people say they need DVD drives to generate high margin item sales interest. The margins and interest in faster chips, cd-rom, modems, and hard-disks is waning. The computer industry is looking for a new gadget to make the systems worth buying. High quality DVD like SIGM is just the ticket to generate high-end sales this year, with lower end high production sales kicking in next year. SIGM should do very well.
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