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Technology Stocks : Sigma Designs- Up 50% per Month- Why? -- Ignore unavailable to you. Want to Upgrade?

To: DELT1970 who wrote (348)	4/5/1998 1:35:00 AM
From: Grantcw	Respond to of 849

Grobnette, In January, I asked Carol Kaplan, our investor relations person, why the San Jose Mercury business section was using a projected PE of 3 for the company in their Saturday review of Bay Area companies. She said she had no idea as only one analyst was following the company, and was not making a specific forecast short term but really liked it long term. This is what first attracted me to the company. I was using a PEG screen through www.marketplayer.com and they have this year's estimates at over a buck, followed by over 1.20 for the following year, I think. I think the analyst is overestimating DVD demand for this year, but I think $1.26 for the following year is within reach. I'd like to see someone start buying this stock so we can truly break this downtrend we're in. I'm currently out of this stock, but its high future prospects keep me interested and watching. Grant