June 3, 2008

Sigma Better in 2009

There are several posts regarding Sigma Designs today (here, here and here). The best summary of the company's prospects comes from the Fool's article:

"So the stock took a 16% fall on Friday and is down a staggering 75% from a December peak of $72.17 per share. But the company has $138 million in cash equivalents with no debt, just released a significantly faster version of its flagship product, and sees new markets opening up in early 2009. Exciting business and a massive discount on the stock -- what's not to love?"

This stock is still a MF Rule Breakers recommendation.

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