We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon
Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
HEY!!! had a nice chat w/ lisa erwin at SIGA earlier - very upbeat, very positive outlook. i asked why the sudden move (near 50%) in price: no news. "we expect quarterly earnings growth". maybe she meant from the current q (loss) to the next, but it sounded like more. lets see what the fed does tomorrow if it's not already figured in. good day. T
Hi Thom. Did Lisa mention any success in the contract with
Northern Telcom mentioned in the last conference call? Or with
the effort to target other telcom companies in order to diversify
away from dependence on computer makers? It's great to see the
price break out of that August/Sep trading range.
karl. i have a lot of friends who have invested in siga and am about to do so myself. based on your knowledge of the firm what do you think the long term prospects (over 5 yrs) are? thanks for your help
There is an applied materials revolution going on that Battelle
Institute scientists rank as #2, right behind human genome mapping,
as the scientific area that will change our lives the most over the
next 15 years. SIGA's flextronics division is tied directly to the
applied materials revolution. New materials mean new ways to shape
products, supplanting rigid circuit boards. This is the area that
put the enthusiasm into the voice of SIGA officials when I first
talked to SIGA. Flextronics is already their fastest growing
area (though from a low base). PCBs will pay the bills for now, but
watch flextronics for long term growth.
Karl, sorry - didn't even ask about tele/net anything - too busy laughing; she's VERY confident about the future of siga, and that's speaks mounds. annual report is due out this/next week, and 1q97 soon too. i really like this company. thanks for your input and please post any communications. thanks. T
Did you see the announcment that Continental Circuits is planning on purchasing SIGA for .7 shares of their stock. The announcement just came out. I put the value around $8.40. This does put a new twist on the year end projections. Do you have any ideas ? Thanks in advance for your input.
Info on Continental Circuits: Aug. 30--A Phoenix circuit-board manufacturer is betting that a downturn in
the semiconductor industry is over and plans to hire 100 employees in the
next nine months.
Continental Circuits Corp. recently bought a facility for $1.1 million and
is renovating it to manufacture circuit boards. The building had been owned
by IPEC/Planar, a chemical mechanical polisher that doubled its manufacturing space by moving into a 150,000-square-foot facility in
Continental plans to use IPEC's old building for a "quick-turn facility,"
one in which customer designs will be made within a few days, company
President Rick McNamee said.
From CHICAGO CORP investment report on CCIR: We remain very confident in our outlook for FY97, and we reiterate our BUY
recommendation. Revenues are approaching $135 million, even without a quick turn facility and without further acquisitions. This revenue level would
equate to an earnings-per-share level of $1.40 for FY97 (July) vs. our
current estimate of $0.98 for FY96.
If the Chicago Corp. report is anywhere close to the mark, and SIGA
can contribute anywhere close to $1.00/share from its side, this
is a savvy deal. If $2 is a reasonable EPS estimate for the
combined companies, then CCIR should trade at $30, giving our
SIGA shares a value of $21 by next July. This is obviously a
very cursory analysis.