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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: DELT1970 who wrote (410)6/13/1998 1:40:00 AM
From: Grantcw  Read Replies (1) of 849
 
Grobnette,

Thanks for the info. I thought it was the annual meeting, but I was too lazy to go check so I went with the generic "some meeting." Either way, I wonder why I didn't get some kind of info in the mail about the meeting. Oh well...

I keep hearing this 25-30% revenue boost and positive earnings for the whole year. Didn't we just get .00 this last quarter? I'd say the 25-30% revenue boost will be due to new product sales with decent gross margins, right? If revenues increase by that amount, I think we're a shoe in for at least positive earnings. When you say improvement will be apparent in quarters 3 and 4, does that mean that quarter 2 isn't looking so hot?

I could buy this scenario. Quarter 2 is affected a little by Asia and new products haven't started hitting top or bottom line in large magnitude yet. Lower revenues = negative earnings. Quarters 3 and 4 include DVD-Rom starting to ramp and probably a few more of those Netstream 2 buggers selling. Revenues and earnings appear again to cancel out quarter 2 numbers and finish this fiscal year strong overall with 30% growth in revenues overall and overall positive earnings. Does this sound right or am I rambling about nothing?

Did you ask about the First Virtual/Ascend deal?

One more thing, anything said to account for massive selling today? The few stocks I own right now are all small caps. They fall with the market falling but don't rally again. Go figure... We will have our day sometime in the future.

Thanks again,

Grant
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