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   Technology StocksSIGMATRON INTERNATIONAL (Nasdaq: SGMA)


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To: Marsha Landau who wrote (33)9/18/1997 3:59:00 PM
From: quist
   of 61
 
Marsha, have fun at the stock holders mtg tommorrow..I'd sure like to hear why 2nd qtr sales & profits were so down...I worry here (in Seattle), when I see Nighthawk carbon dioxide units on sale in the local Target store flyer...wonder if there is too much inventory. It would be nice if NBC's Dateline or 60 Minutes would do another spiel on how EVERY house should have one!

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To: Marsha Landau who wrote (37)10/8/1997 10:01:00 PM
From: Ben Marfield
   of 61
 
Marsha, please tell us of the annual meeting and of your perception of the firm, its present, your future.

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To: quist who wrote (38)11/4/1997 3:12:00 PM
From: quist
   of 61
 
Yes Marsha, we'd like to hear what you thought of the stockholders meeting! (Oops..somehow this looks like a message to myself...DUH!)

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To: quist who wrote (40)11/19/1997 3:06:00 PM
From: kolo55
   of 61
 
SigmaTron Announces Estimated Second Quarter Results

ELK GROVE, Ill.--(BUSINESS WIRE)--Nov. 19, 1997--SigmaTron International, Inc. (NASDAQ: SGMA - news) said today that it currently estimates revenues for the second quarter ended October 31, 1997 in the range of $25.0 to 26.0 million. This compares to revenues of $29.7 million for the second quarter of fiscal 1997, representing a decrease in revenues from 12 to 16 percent. The quarter is expected to be profitable but earnings are expected to be significantly lower than the same period a year ago, which posted earnings of 45 cents per share. Final results for the quarter ended October 31, 1997 are expected to be released on or about December 4, 1997.

''The decrease in revenue for the second quarter of fiscal 1998 is due to softer demand from our customers compared to a year ago. During the second quarter we continued to build the infrastructure required to support our anticipated growth,'' said Gary R. Fairhead, president and chief executive officer of SigmaTron. ''We have increased capacity at our manufacturing facilities, added machinery and equipment and personnel to position the Company for the future, all of which has negatively impacted our results during the second quarter.''

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To: kolo55 who wrote (41)11/19/1997 4:31:00 PM
From: wang
   of 61
 
Hi, Paul: Do you think that SGMA has reached its bottom? Any additional thoughts about this company from you would be very much appreciated.

Thanks

wang

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To: wang who wrote (42)11/19/1997 7:51:00 PM
From: kolo55
   of 61
 
I think this stock is much too risky.

I also don't trust management. Good PR, but lousy operational execution. Given the recent drops in this sector, if you want to go bottom fishing, try ACT Manufacturing (ACTM). Other higher risk/ higher reward micro-cap picks could be Elamex (ELAMF) or Deswell (DSWLF). Or you could stick to the high powered strongest competitors like the Big 5 of the ECM companies, SCI, SLR, JBIL, FLEXF, DIIG. This group of five should appreciate 30+% a year for the next three years. Why look elsewhere?

For more on Sigmatron, try reading these posts:
techstocks.com
techstocks.com
techstocks.com
techstocks.com
techstocks.com
techstocks.com
techstocks.com
techstocks.com

Of course, management may have now lessened the dependence on Nighthawk. I would wait until next spring before I even considered this stock.

Enjoy, Paul

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To: kolo55 who wrote (43)11/19/1997 9:02:00 PM
From: wang
   of 61
 
Thanks very much for all the information.

wang

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To: wang who wrote (44)3/4/1998 8:41:00 PM
From: Ben Marfield
   of 61
 
can we blame it on the Asian crisis?

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To: Ben Marfield who wrote (45)3/11/1998 8:21:00 PM
From: Eric Hodgson
   of 61
 
What the hell is wrong with this company.Ready to dump and take a loss.
Any advice would be appreciated.

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To: Eric Hodgson who wrote (46)3/13/1998 1:54:00 AM
From: Ben Marfield
   of 61
 
sigh.... i see that those who are close to this situation do not type out their wisdom for those who are far.

i came to this stock through Nancy Z's newsletter, "Undiscovered Stocks." I can not say how she would break the word that she was wrong, except perhaps to say "hold" rather than "buy." historically, SGMA does best in the winter quarters, so this is not the time of year to expect a turnaround. A more basic problem is that SGMA is in a very competitive industry.

Nancy Z seems a reasonably insightful creature, and because this stock has so few shares (less than 3 million, I think), a little buying will go a long way. For now I'm saying that the traditional idea about stocks is to hold for years and years and that our fault seems to have been bad timing.

I'll report here what Z says in her next newsletter, due out in a couple of weeks. I only wish that others would tell what they know. In particular, to what extent does the Asian situation explain the weakness of SGMA's business performance?

My advice (since you asked) is that you remember this: the stock price is not itself the problem.

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