Could it be Sigma buying back some of its shares? It increased the authorized number of shares for buyback in March.

I don’t claim to be an options wiz (strictly a long player) but there’s a 35% short interest in this stock. Seems overplayed to me.

Maybe they’re just trying to cover…but not as quietly as they’d hoped?

Simply Tristan did a service to his masters and they covered their naked shorts. A few weeks later Tristan will quietly raise the target.

There ought to be a law against that stuff…

Oh right, there is.

These analysts have their own agendas for upgrading and downgrading stocks, helping the average investor is the last thing they care about. Sell when they rate it a buy and buy when they rate sell.

Sigma is a high beta stock. It has consolidated at an excessively low price. Now that all selling is complete it will now move up at the same rapid rate that it came down. It is just a high beta stock.

Read earlier today that Bill Gates had positive comments regarding their partnerships with Sigma

Think it has anything to do with the fact that on Tuesday…Baird bought a bunch of shares? You would think that after that report…they would want NOTHING to do with SIGM!
http://www.mffais.com/sigm.html

their is a major announcement coming @ 4:15 p.m… you will (depending on your position)be surpriced and happy with the results

If Tristan Guerra was a physician, he would be up for a malpractise lawsuit.

There is no way that MOT could or would replace Sigma globally.
A.) They would want a 2nd source.
B.) The actual relationship is with the Telco customer, not the box supplier as the chips require an enormous amount of software customization.
C.) Sigma’s new 8654 chip (available in October) will leap frog the performance of Broadcom’s first entry (and the BRCM chip is not even MSFT certified yet).

Also, MOT was at the recent NAB show demo-ing their box with the Sigma chip inside.

So anyone who thinks that Sigma is going away anytime soon is crazy.

The trade press is reporting that MSFT is going to win the Chungwha Telecom IP TV account in Taiwan. This will amount to a replacement order of their 1.5 million installed base from Linux to Microsoft’s Media Room platform before the end of the year. That would be ~ $30-million in extra business that is not in the analyst estimates and more than compensates for the Motorola hiccup they had in q4 which will result in a $14MM short fall.

Company guidence of $300-million in Revs for this fiscal year was very achievable and with this buisiness (provided it closes) it would be extremely beatable.

This is the cheapest growth stock in the market today, once again because the shorts have talked it down and the analysts have capitulated to them.

Simply it is a combo of a correction to the over reaction due to the 15th news, and the shorts coming in. At one point 41% of the shares where shorted, thats why I bought stock 2 weeks ago.

Its a $50.00 stock. Thats why.

moknows…nothing..tick tock

Pretty easy isn’t it! When gas prices go up and the government stuff your wallet, you will buy an HDTV an IPTV and a Blu-Ray disk player. Supply & Demand. When demand goes up either or both “price” and “supply” go up. Do the math.

1. Valueline highlighted stock over the weekend.
2. Baird was buyer of the stock in report dated 5/1/2008.
3. Vanguard purchase 1 million shares last week report dated 5/1/2008.
4. Verizon order coming soon.
5. PE of 6
6. Company purchased 20% of the stock’s outstanding float since mid-February.
7. Large seller - hedge fund - run by a guy named Raj - must have finished selling his 9% interest. Completed 1/2 in last March.
8. Bill Gates on TV this morning says IPTV one of Microsoft large growth areas - hay SIGM is 100% sole provider for settopbox.

For a company that is growing like…. Well like a tech company, it’s not to hard to see that Sigma is WAY undervalued. By my estimates it should conservatively be around the 70’s and 80’s. I’ve been buying sense it was in the low 20’s and went buy crazy for last week. Coincidence? ;)

Combination of what Jim and Mark stated. Now we have a nice short covering rally plus new long term holders. The weak hands sold at 15. I feel we move up until we hit a wall around 22 and then again around 24.75. Long

crooked analysts like Tristan Gerra. You had seen him how hard he worked for shorts to discredit OVTI with all kinds of fabricaed investigation like his channel check, etc and he is doing the samething for SIGM.

Where does the stock go from here?

Simply put, supply and demand.

Sigma will hit 70’s again this year

It’s simply an example of how fear sells better than hype. People run at the prospect of “losing everything” in comparison to the news of holding out.

Simple psychology, that’s all. Analysts exist only for their own agenda, as someone earlier stated.

I am trying to understand what took the stock from $73 in December ‘07 to $15 in April ‘08, and what is going to take it back to the $70’s?

The high point about this company is they have a monopoly on the chip required for IP TVs. The release about Broadcom and Motorola was pretty weak, since Broadcom doesn’t have a chip yet, and by the time they do, Sigma will have their second generation chip. They should be strong for the next two years, and their revenue growth should show it.

I believe SIGM has a lot of upside from their current price, but the real economy (the consumer) is weakening. Sales of the products that use SIGM’s chips could be really slow for a few quarters. Any thoughts?

bought 500 shares at 22.75–im not worried-sigm has always performed.

check out meli…earnings 5/13

WHATS UP WITH SIGMA DESIGN. IS WHAT YOU BLOG HAS BEEN FOR THE LAST FOUR TIMES. ITS OLD!! IS THIS THE SIGNAL TO SHORT THE STOCK. BUYER/LONG

HELLO ALL WHATS UP WITH SIGMA DESIGN,IS WHAT YOU BLOG HAS BEEN THE LAST FOUR TIMES. ITS OLD!! IS THIS THE SIGNAL TO SHORT THE STOCK. BUYER/LONG

When this stock doubles in the next three months you are going to wish you had bought at $20! Retailers will be stocking their shelves with Blu-ray players, Playstation 3’s, internal drives for PC’s & laptops all before the next going back to school & Christmas season. Yes Supply & Demand will RULE the day!

Pretty good sell-side pressure the last couple of days, any thoughts on what happens to the stock leading up to their earnings on 6/11, and what do you think the earnings will look like? I have a BIG position, believing the stock has a lot of upside, but the consumer looks to be in a bad way for several quarters to come so I am nervous.