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[StocksonWallStreet]

Financially I think GIGM is very impressive. GIGM has a solid balance sheet with around $100 million in cash while only $14 million in short term holdings. That roughly works out to around $2 per share in cash which is an asset they could use to increase shareholder interest in the future. Adding to this, GIGM has been quite profitable. Their sales have an annual growth of 38% and operating profits increase 67%.

GigaMedia (GIGM): A Strong Online Gaming Play | Stocks on Wall Street

[pdtpatrick]

Earnings is on the 12th - 10/12/09 and I would recommend everyone wait until the morning or after earnings confirmation to participate unless you intimitely know the company like the 3 analysts who rated them. Their next consensus is for .09 just like last time but they missed it last time by .01 and came in with .08

Wow they got rated pretty bad on investors.com -- 31 out of 99
Investors.com - IBD Stock Checkup

Buy rating on reuters.com

Net income from 2008 - 44,388
Total assets - 316,793
Total Liabilities - 88,337

Damn good rating for profitability, however, growth rates is not that high, effectiveness, dividend are also not that strong.

So overall would I invest in the company, possibly after earnings. If it tanks, its a good company to buy after the flop. If it meets consensus then hop in for the ride and take the profits :)

[StocksonWallStreet]

Good point about earnings, long-term I think it will be great though.

Originally Posted by pdtpatrick Earnings is on the 12th - 10/12/09 and I would recommend everyone wait until the morning or after earnings confirmation to participate unless you intimitely know the company like the 3 analysts who rated them. Their next consensus is for .09 just like last time but they missed it last time by .01 and came in with .08 Wow they got rated pretty bad on investors.com -- 31 out of 99 Investors.com - IBD Stock Checkup Buy rating on reuters.com Net income from 2008 - 44,388 Total assets - 316,793 Total Liabilities - 88,337 Damn good rating for profitability, however, growth rates is not that high, effectiveness, dividend are also not that strong. So overall would I invest in the company, possibly after earnings. If it tanks, its a good company to buy after the flop. If it meets consensus then hop in for the ride and take the profits :)