Alan Harris

SiRF Technology: Multiple Growth Prospects Make It A Buy

What a load of useless verbiage - the two recently critical factors regarding this stock have been completely ignored: 1) Fidelity have just halved their holding, and 2) Broadcom have just bought Global Locate (yes, the competitor who recently won the TomTom One order replacing Sirf), and in the context of Sirf admitting they cannot compete with Qualcomm on Qualcomm's CDMA phones, it looks like soon the GSM cellphone mkt will be taken substantially way from Sirf within a year or so. By the way, this analyst's list of "competitors" is plain wrong- he doesn't know what he is talking about