Hey Michael you can find out a lot about SIGM by typing it into search and reading about stoney's
adventures with this stock. As for today's strength
the key takeaways from yesterday's Jan Q and full-year results for SIGM were: 1) Jan rev exceeded consensus expectations 2) IPTV units exceeded expectations for Jan 3) Gross margin lower in Jan, guidance suggests around 50% 4) April guidance surprises to the upside 5) Co continues to reiterate that the competitive environment remains muted. Firm has increased their April and CY07 ests for SIGM, driven primarily by IPTV units. Their conviction regarding the strength of the Global IPTV roll-out remains strong. Firm believes it is more than likely that there is upside to their estimated global IPTV set-top box forecast for CY07. An additional 1% penetration in global IPTV subscribers would add $0.03 to firm's CY07.
>> it's all about IPTV with these guys and they are sitting in a sweet spot. Of course valuation is a concern my fair value was $31, some people are talking much higher-- with the books in question I am unwilling to buy above $30. At $27-$28 it may go back on the board.
