Replies to post #53 on Sigma Designs, Inc fka SIGM

[SteveNix]

Thanks S-2. Yeah, I had not heard anything from you on the $10K account for awhile, I just assumed when you said SIGM was a dead stock you would be selling it in that account also.

Novice question, and I don't expect you to have to go into a long explanation, but just some basic reasoning. When I bought the SIGM $22.50 July Calls, the stock price was $22.76 and the call price was $4.20. Now, after the stock price went below $16, and now recovering over my initial buy price of $22.76 to the $23.50 range, the call price is still "way back" at $2.70.

What will it take to get the call price back to $4.20?

Thanks.

Steve Nix