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   Technology StocksSIGMA 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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To: Thom who wrote (74)4/28/1996 11:30:00 PM
From: Them Luu
   of 107
 
Thanks Thom for your input. I will hold out til June and see!!

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To: Stockman who wrote ()5/2/1996 12:44:00 PM
From: Karl Drobnic
   of 107
 
Featured stock.
I wrote a feature article on Sigma Circuits in April, 1995 when the
shares were $2.50 and trading a few hundred per day. Since then I've
participated in their quarterly conference calls - they have two
divisions that are growing very fast, and 3rd division that is their
bread and butter. In the latest conference call, SIGA said it is
adding sales force. Once the current secondary offering is out of the way, I look for SIGA to advance to the mid-teens. I'd be glad to send a copy of my feature article to interested investors. I need your POSTAL address to do so.

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To: Them Luu who wrote (73)5/3/1996 5:09:00 PM
From: Karl Drobnic
   of 107
 
Actually, PR is excellent at SIGA. Each quarter, SIGA hosts a conference call to answer all questions about the latest qtrs. earnings and events. Philip Bushnell, the CFO usually handles queries about numbers and often, calls to the company. Information is also sent out by interactive fax at 1-800-pro-info. All you need is a phone and fax to get information instantly. SIGA employs a top West Coast PR firm. Splitting the stock was not "stupid"; it made the shares more liquid so more funds and money managers could take block positions. Professional traders disliked the split PRIOR to the secondary; they would have preferred it vice versa. There's lots of professional interest in SIGA, and management is doing an excellent job of guiding the company's growth and strategies.

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To: Karl Drobnic who wrote (76)5/4/1996 1:07:00 AM
From: Roy S. Newman II
   of 107
 
Karl, I would love a copy and greatly appreciate if you would take the time out.

Roy Newman
172 Dodd Dr.
Washington, Pa. 15301

Thanks. Roy

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To: Karl Drobnic who wrote (78)5/5/1996 4:59:00 PM
From: Thom
   of 107
 
secondary offering?

i thought the secondary offering was put off... when is it? do you know earnings estimate, etc? have estimates been lowered because of the failure to meet them last quarter?

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To: Thom who wrote (80)5/5/1996 5:55:00 PM
From: Karl Drobnic
   of 107
 
My understanding is that the secondary will be done if it can go off on terms favorable to SIGA. If the price is depressed, they won't do it. It pretty much leaves it to the underwriter to keep the price supported. So it's a good trading buy if the price dips. SIGA mngmnt. appears to be in no hurry to give away the stock at a cheap price. One savvy holder of SIGA stock calculates his estimate of SIGA's quarterly earnings 4 quarters out and multiplies by 50 to get a target price. Given that sales in TX are apparently going through the roof (and that's where Compaq's at), I'd expect operating EPS to be strong, and I'd discount any extraordinary items. SIGA is likely to look for another acquisition if the secondary goes off. They need another facility near clients outside California.

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To: Karl Drobnic who wrote (81)5/6/1996 8:16:00 AM
From: Thom
   of 107
 
Karl,
thanks for the info. any idea what the date of the 2ndary will be or the date of the decision whether to have one or not?

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To: Thom who wrote (82)5/6/1996 9:43:00 AM
From: Karl Drobnic
   of 107
 
I don't know a date, but I expect the secondary to happen. Quick turn requires having adequate plant capacity to get an order to the customer in 30 days or less, and one way to gain time is to locate facilities near major customers. More sales staff means more orders; more orders means more factory capacity is needed.

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To: Karl Drobnic who wrote (83)9/10/1996 5:28:00 PM
From: Steve Yucca Valley
   of 107
 
I have aheard rumor that a couple companies are about to make a offer to by Sigma has ane one heard anything .

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