SIRF Forum Topics
- All Comments on SIRF
- General Discussion on SIRF
- Most Volatile Stocks on Earnings [view article]
- What Is SiRF's Valuation? [view article]
- The Best and Worst Performing Stocks in the U.S. [view article]
- An Analysis of SiRF's 'Challenging Quarter' [view article]
- High Tide for SiRF Technology [view article]
- Q1's Best and Worst Performing Stocks [view article]
- Amid Worries About Closing Map Deals, Navteq and Tele Atlas Slide [view article]
- Will Garmin Direct Bulls Towards Healthy Returns? [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Best and Worst Performers YTD [view article]
- Tuesday's Options Report: WHR, KBH, XHB, AIG, XLF, SIRF, XLP, HMY, MOT, GOOG [view article]
loading ...Recent SIRF Articles
- Demand for GPS-Enabled Cellphones Good for SiRF - UBS
- What Is SiRF's Valuation?
- An Analysis of SiRF's 'Challenging Quarter'
- Are SiRF and Marvell a Good Match?
- The Best and Worst Performing Stocks in the U.S.
- SiRF: Merger or Acquisition?
- SiRF's Canning is Out; Investors Celebrate
- Amid Worries About Closing Map Deals, Navteq and Tele Atlas Slide
- Most Volatile Stocks on Earnings
- Q1's Best and Worst Performing Stocks
- Full List of Articles »
Most Volatile Stocks on Earnings [view article]
Would it be smart to use this list for next earnings season and use a straddle position to ride the volatility and catch a decent profit? ReplyWhat Is SiRF's Valuation? [view article]
With SIRF's current valuation, and with Apple pushing the envelope of mobile connectivity, and with one of the widest screens on the iPhone, my speculative ioptimism would lead me to assert that this possible combination my be more valuable than one with MRVL ReplyWhat Is SiRF's Valuation? [view article]
Is Mr. Nagarajan implying that the Centrality acquisition, even afer integration, will offer no cost advantage, offering differentiation, etc. advantage that will be reflected in SIRF's topline and bottom line? ReplyNagarajan
What Is SiRF's Valuation? [view article]
Your guess is as good as mine:). ReplyWhat Is SiRF's Valuation? [view article]
Anything to be inferred from their postponing their shareholder meeting for 3 months (announced the morning of the originally-scheduled meeting) ReplyNagarajan
What Is SiRF's Valuation? [view article]
Spartacus,Please find my reply on my site.
-Vijay Reply
What Is SiRF's Valuation? [view article]
Vijay, I usually enjoy your articles, but this time, I think you're just being hopeful.Acquisition would've been a good idea last year (BRCM reportedly paid over 250M for GL). But pretty much anyone who wanted a GPS chip manufacturer, and had the cash to shell out for it bought one last year. BRCM bought GL, and MediaTek bought uNav.
So who could buy SiRF? Most of the major semi companies already have their own GPS design groups (TXN, STM, BRCM, QCOM, ATHR). Most PND mfg's also make the low-end GPS chips in-house (GRMN, MediaTek).
So who's left?
-INTC: Doubtful. They don't want to be in anything but x86. Sold XScale to MRVL
-MRVL: They made a *loss* last quarter. Their cash reserves are far below their closest competetitor (BRCM). And they really need to focus on reducing costs (and handling options backdating issues) in their core business.
If SiRF *does* actually get acquired, I don't think it'll be at a big premium to their market cap. The company must be doing well, and there must be multiple suitors for there to be a big premium. When SiRF's only viable option is to get acquired (no-one buys their 'turnaround' strategy), I doubt if it'll get a big premium.
As an example, recall PLAY (Portal Player). Its stock got tanked (a lot worse than SiRF though: it only fell 50%) when it lost the iPod nano contract. And it was bought by NVidia for a 19% premium. And NVidia really needed mp3 IP for its "Computer-on-a-ch... and had two-three billion in cash. Also, PLAY was making a nifty profit (as opposed to SiRF).
But I've been wrong before ;)
(Disclosure: I don't have a position in SiRF. I used to, but got lucky and sold last year at $27) Reply
e
The Best and Worst Performing Stocks in the U.S. [view article]
VSCI on the verge of a breakout once again from your list therewww.investorslive.com/.../ Reply
An Analysis of SiRF's 'Challenging Quarter' [view article]
SIRF is hardly a serious takeover-speculation target."One-trick pony" semiconductor companies,losing market share don't get acquired often. They have some cash on books,therefore the most like scenario is IMO a slow and steady decline over several years.
Reply
2
High Tide for SiRF Technology [view article]
If you are not long or short this stock, why the hell you posted so many negative comments on this company? Shorts always post negative comments on a stock while claiming no postion.On Apr 24 07:37 PM Alan Brochstein wrote:
> The Truth -
>
> How is it going? I typically don't "gloat", but your comments were
> particularly rude. Hey, I mentioned IOM, and they FINALLY got acquired.
> This is the future of SIRF. It will be acquired by someone who will
> buy there technology and fire all of their workers and strip out
> the cash on the balance sheet.
>
> As far as this 2nd miserable quarter, the inventory ROSE again -
> $2.5mm sequentially and $11.5mm from a year ago despite sales being
> down $38mm from a year ago and $5mm sequentially (including the acquisition!).
> Guidance, not surprisingly is somewhat short of diminished expectations.
> If they hit the high-end of $64mm, it will represent a decline of
> $6mm. No wonder margins will be flat to lower. THEY HAVE TOO MUCH
> INVENTORY. On a bright note, they did get the receivables in line.
>
>
> For those who are attracted to this stock, invest looking ahead and
> not in the rear-view mirror. The stock is broken because the company
> is broken. The cash will dwindle as the losses accumulate. While
> "cash" appears to have increased, keep in mind that AR came down
> a lot. So did "marketable securities". The proof of the situation
> is at the end of the balance sheet - Equity came down $20mm or 4%
> in just 1 quarter.
>
> Companies in retrenchment run into trouble - their customers get
> worried, their employee morale plummets. Do yourself a favor and
> tread VERY cautiously here. Disclosure: No position in the stock
> or any semiconductor company at this time Reply
Brochstein
High Tide for SiRF Technology [view article]
The Truth -How is it going? I typically don't "gloat", but your comments were particularly rude. Hey, I mentioned IOM, and they FINALLY got acquired. This is the future of SIRF. It will be acquired by someone who will buy there technology and fire all of their workers and strip out the cash on the balance sheet.
As far as this 2nd miserable quarter, the inventory ROSE again - $2.5mm sequentially and $11.5mm from a year ago despite sales being down $38mm from a year ago and $5mm sequentially (including the acquisition!). Guidance, not surprisingly is somewhat short of diminished expectations. If they hit the high-end of $64mm, it will represent a decline of $6mm. No wonder margins will be flat to lower. THEY HAVE TOO MUCH INVENTORY. On a bright note, they did get the receivables in line.
For those who are attracted to this stock, invest looking ahead and not in the rear-view mirror. The stock is broken because the company is broken. The cash will dwindle as the losses accumulate. While "cash" appears to have increased, keep in mind that AR came down a lot. So did "marketable securities". The proof of the situation is at the end of the balance sheet - Equity came down $20mm or 4% in just 1 quarter.
Companies in retrenchment run into trouble - their customers get worried, their employee morale plummets. Do yourself a favor and tread VERY cautiously here. Disclosure: No position in the stock or any semiconductor company at this time Reply
The Best and Worst Performing Stocks in the U.S. [view article]
How did Thornburg Mortgage TMA not make the list? ReplyQ1's Best and Worst Performing Stocks [view article]
Thank you! As a basically-momentum investor (I have to like the stock otherwise, too) I find these compilations very helpful indeed. ReplyAmid Worries About Closing Map Deals, Navteq and Tele Atlas Slide [view article]
Ant thoughts on (grmn's) new phone? Speculation one this becoming huge part of the company in the next 3.5years- thoughts comments ReplyEditors
General Discussion on SIRF
Is this a buy or a sell? Reply