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Post# of 151692
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chipdesigner

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chipdesigner

Re: mas post# 27607

Monday, 05/08/2006 12:04:03 PM

Monday, May 08, 2006 12:04:03 PM

Post# of 151692
All of SGI's existing common stock and the unsecured subordinated debentures will be cancelled upon confirmation of the plan by the court and receive no recovery. Accordingly, the Company believes that SGI's currently outstanding common stock and unsecured subordinated debentures have no value.

Ouch. :)

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