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Technology Stocks : SIGMA CIRCUITS (SIGA)

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To: Steve Yucca Valley who wrote (189)6/4/1998 6:51:00 PM
From: Creditman  Read Replies (1) of 200
 
Steve,

Business in the sector is down. Look at Hadco's stock ... off around 50% from its high. DIIG was as high as $35 and is now $17. etc. So If the Continental (bought by Hadco) deal went down at 1X annual sales, doesn't it make sense that now after the slowdown, the value of Sigma has gone down too? Sigma did not have huge cash reserves and PCB business is getting tough so....... they got out when they had a solid offer. I still think it was in completely good faith and I am , was a, Sigma investor too.
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