$3.94
-0.07 (-1.75%)
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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The valuation here is absurd. Their product is as addictive and is marketed towards young people. This is the closest thing to crack in Asia. I cannot tell you how many hours I spent on the computer---not working---because of GIGM and SNDA. That said, keep an eye on their pipeline, because a company in this industry can fall out of favor for a long stretch at a time. Great short-term investment at this valuation.