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Technology Stocks : SIGMA CIRCUITS
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To: Them Luu who wrote (73)4/28/1996 9:51:00 PM
From: Thom   of 107
 
call the company -

decision was up for discussion last week with the underwriter, and outcome is evident. the last time i called, i spoke with phillip... bushmill.... or something. wouldn't swear to the name, but told me he had no intention of "giving the company away". they really do need to square away their debts, and so the secondary offering was for such, but is now likely on hold. personally, i baled all but a couple hundred shares until they send a significant mailing. june quarter is in need of something outrageous to look good in the eyes of wall street.

ps - management is fine (a bit overanxious with earnings expectations) and the pr is a matter of timing - i wouldn't try selling a bunch more shares either if the time was after a down quarter. good long term hold? perhaps.
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