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Tuesday, April 15, 2008

Sigma Designs (SIGM) loses Motorola slots

Baird out with a call that Broadcom has design wins in Motorola's IPTV set-top shipping in 2009. This of course means that Sigma has been displaced, as discussed previously.

So here we are in the $19 range, where it traded briefly after they reported, bounced, and then bled back. Motorola, which is choking on inventory, is shifting away from the company. BluRay players look great in the store but not on the credit card bill -- they're still too expensive.

Not a good looking chart here.

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