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: Ahmed Elneweihi who wrote (311)	2/26/1998 6:11:00 PM
From: Grantcw	of 849

Ahmed, Earnings didn't look too good. -.05 per share. Higher revenues by a little but the cost of goods sold was higher as a percentage of revenues. I'm not sure if the market has already figured in such a loss as the companies price has really gotten killed since the Asia crisis hit. We will have to see tomorrow. I would assume that we'll be down. I was sort of banking on bad earnings but then these news releases got me hopeful again. I only bought a measly 150 shares just so that I wouldn't be bitter if the price ran away from me. I'll be looking to buy more in the near future when I can ascertain what a nice bottom will be at. IMO, as soon as DVD equipment starts ramping up, so will SIGM. It might be a few quarters before this happens though. Good luck. Grant

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