Stock Market Update - Thu Nov 15 09:39:19 EST 2007

Thu Nov 15, 2007 9:39am EST
 
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Roth Capital reiterates Buy. Target $22 to $25. Roth Capital raises their tgt on GIGM to $25 from $22 following 3Q07 results that came in slightly ahead of their revenue estimate and in line with their EPS estimate after adjusting for non-recurring items. The firm believes the recent pull back in shares has created a buying opportunity as they continue to believe shares are undervalued relative to the company's underlying fundamentals.

 
 

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