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GigaMedia Ltd. (GIGM)

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  • Danny Furman: Gigamedia appears to have bottomed. April $5 calls are basically free and July $5s slightly more. GIGM has over $3.50/s cash and low costs.
    Thu, Dec 24, 2009
  • Danny Furman: Bought back into GIGM today, currently trading well below net cash. Deal with Mangas includes additional payment in 2012, current cash 190M.
    Tue, Dec 22, 2009
  • MarketGuy: GIGM- sells 60% for $100M. GIGM's already low debt and cash rich structure makes this a very attractive company.
    Wed, Dec 16, 2009
  • Danny Furman: GIGM sells 60% of Everest Poker to a European company with casino experience. Initial payment of $100M is over half of GIGM's mkt cap.
    Wed, Dec 16, 2009
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