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.
3 days ago
Danny Furman: Bought back into GIGM today, currently trading well below net cash. Deal with Mangas includes additional payment in 2012, current cash 190M.
5 days ago
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.