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Re: CDR post# 46512

Friday, 09/19/2003 7:37:48 PM

Friday, September 19, 2003 7:37:48 PM

Post# of 93820
How do you define 'successful'? According to the following, we are actually losing less money than SGTL:
"For the first six months of this year, the company's net income was $150,000, compared with a year- earlier net loss of $7.5 million... Those net income figures, however, don't include the impact of dividends paid on preferred stock. Including those payments, SigmaTel would have reported a loss of $8.1 million in the first half of the year, wider than a loss of $7.7 million in 2002. ( http://biz.yahoo.com/djus/030919/1121000470_1.html ) Statistically, our losses (including preferred stock considerations) were cut from $3,910,000 for just the last 6 mos of 2002 to $1,519,000 in the first 6 mos of 2003. Whatever we're doing, we seem to be doing it far more successfully than SGTL.







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