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$6.61 0.15 (2.32%)
1/8/2009 4:00 PM

GigaMedia Limited (GIGM)

CAPS Rating:
*****

A holding company which through its subsidiaries, develops and licenses online gaming software and provide application services, owns and operates an online games business, and provide broadband Internet access services.

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Avatar TMFMattyA (96.43) Submitted: 7/05/07 9:32 AM : Outperform Start Price: $13.32 GIGM Score: -10.18

The recent 20 percent drop in price from its 52-week high was enough to convince me to put a thumbs up on this one. The potential for this company’s products in the burgeoning Asian market for online entertainment and gambling almost insure that GIGM will experience heady growth over the next few years. The management team seems to be up to the task and has worked diligently to expand the company’s product offerings and markets.

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