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6 pts

Opinion on  SiRF Technology Holdings Inc (SIRF)     Sector: Technology  >  Industry: Communications Equipment
Upper management gets shaken up

Apr 25, 2008 11:37 PM GMT
Return Risk
-23.32% HIGH
Analyst

but in the long term, I see this is a great move for the company. The stocks have just adjusted for expected losses, and they have increased competition and a lagging product line. By shaking up the upper management, this gives them a new "brain" to be able to come up with interesting technology and focus more internally where they need it. Then when their new management gets up to speed, and outward focused, we can really expect great things. Mobile phones are where the money is at, and the developing world is adopting them faster than landlines.


SIRF:  This call was made on 04/25/08 @ $5.37
Rating:   Positive   $5.37 (04/25/08)
Gain/Loss:   n/a in 563 days
Target:   $6.75 (+25.70%) in Six months


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