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Technology Stocks : SIGMA CIRCUITS

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To: KASHIF TAHIR who wrote (100)10/21/1996 2:03:00 AM
From: Karl Drobnic   of 107
 
Sales were up 17% vs. year ago, $18.8 mil vs. $16.1 mil. Backplane and flex circuit sales were up 94%. There was also improvement in comparisons to 4Q numbers. SG&A improved by $400K. Current assets are up, current liabilities down. Same for total assets vs. total liabilities. I don't see any problems that an increase in capacity utilization won't cure. And you haven't cited any. How can you call a quarter "bad" when there is a loss in net income but an increase in the value of the company? You seem to see internal problems at SIGA. I'd like to know what they are. Please list them so we can call the company and check up on the problems.
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