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Technology Stocks : SIGMA CIRCUITS (SIGA)

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To: frank doolittle who wrote (95)9/25/1997 1:03:00 AM
From: paul kneitz   of 200
 
I haven't seen any news - would assume it could be a little end of quarter profit taking.....after all, the stock is up 40% from June 30. The sell volume wasn't that high either - it sold off quickly in the morning from 6-3/4 to 6-1/4 on about 30,000 shares only. Just no buyers. By mid-morning, price stabilized.....

The real story will be told next few days. If there has been any kind of production problem, SIGA seems to be pretty good at making the infamous pre-earnings announcement on or about the last day of the quarter. If there is no announcement like that next week, let's hope that no problem is there.

Qtr 1 per share earnings are forecast at $0.13. Release should be about 10/17. If they hit this, stock should go to $10. I know we've said that before, but it can still happen..........
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