% | $
Quotes you view appear here for quick access.

GigaMedia Ltd. Message Board

  • buffetjr73 buffetjr73 Apr 13, 2004 11:27 AM Flag

    solid footing

    GIGM just announced that they are going to acquire a private company for cash. If GIGM was trully in financial dire straits, then they wouldn't be using their available cash to acquire a private company. Such decision would not make business sense and could be viewed as a breach of their fiduciary duty to its shareholders. I think there's potential upside once the dust settles. I'm hoping it's up from here...

0.68+0.01(+1.49%)Dec 1 3:24 PMEST