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: Grantcw who wrote (317)	2/28/1998 9:23:00 PM
From: Grantcw	Read Replies (1) of 849

Kaia, Disregard my calclations in the previous message. I looked at them again and I think I saw a mistake. The previous 10-q has preferred stock listed around 4,000,000 while this last earnings report has the account around 2.8 million. This is definitely a drop and some of it is probably due to conversions. The problem is figuring out how much of the preferred convertibles are left because I believe there is other kinds of preferred stock lumped in with the convertibles. If there is a substantial amount of the convertibles left, we may be in for some more bloodletting, IMO. Do you have any insights? Grant

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