I got my Sigma 100-300mm APO EX DG in 2008 (S/N 5024927) and I have experienced an occasional display of the F-- indicator issue when used with my K10 and K7 cameras. I do have a theory on why your lens may be experiencing problems:
I some time ago I had to repair the mount lock on the lens mount because after years of (ab)use the locking pin had actually caused some wear on the lens mount. This was causing problems with the information pins and AF connection becoming misaligned, also make sure the lens mount on both the camera body and the lens itself are clean.
I too share your scepticism over the lens incompatibility with the Pentax K5 statement...if there was actually an incompatibility issue then I think that there would be far more complaints made about it. The Sigma 100-300mm f/4 APO EX DG is one of my favourite lenses on the K5IIs
PS. every time I hear about issues like this It reminds me of this scenario:
A Software Engineer, a Hardware Engineer and a Departmental Manager were on their way to a meeting in Switzerland. They were driving down a steep mountain road when suddenly the brakes on their car failed. The car careened almost out of control down the road, bouncing off the crash barriers, until it miraculously ground to a halt, scraping along the mountainside. The car's occupants, shaken but unhurt, now had a problem: they were stuck halfway down a mountain in a car with no brakes. What were they to do? "I know", said the Departmental Manager, "Let's have a meeting, propose a Vision, formulate a Mission Statement, define some Goals, and by a process of Continuous Improvement find a solution to the Critical Problems, and we can be on our way." "No, no", said the Hardware Engineer, "That will take far too long, and besides, that method has never worked before. I've got my Swiss Army knife with me, and in no time at all I can strip down the car's braking system, isolate the fault, fix it, and we can be on our way." "Well", said the Software Engineer, "Before we do anything, I think we should push the car back up the road and see if it happens again."
Last edited by Digitalis; 03-20-2013 at 01:08 AM.