SiRF Technology (Nasdaq: SIRF) got hit hard today after a nice little run the last few days. According to this unconfirmed story in TheStreet.com, Apple (Nasdaq: AAPL) will be releasing a GPS capable 3g iPhone early next year using a competitors GPS chip.
The GPS chips will be provided by Global Locate which was recently acquired by [...]
One of my favorite blogs, Notable Calls, is out with a Actionable call on SiRF Technology (Nasdaq: SIRF) based on the Deutsche Bank report.
http://notablecalls.blogspot.com/2007/09/sirf-tech-nasdaqsirf-inflection-point.html
Couldn’t agree more with this article. I didn’t expect SiRF to go this low and was a little early on my call to buy SiRF back in early August. I don’t [...]
GPS chipmaker SiRF Technology Holdings (Nasdaq: SIRF) reported 2nd quarter earnings on Tuesday. The stock has gone down from the mid 23 range to now mid 19’s since the earnings.
Here are the highlights:
Net Revenues for the 2Q were 70.6 million – Increase of 23.4% YoY.
Gross Margins declined to 54.6% from 56.3% a year [...]
My first day back from vacation and the market takes its biggest hit in six years. Some of my high fliers such as Suntech Power (NYSE: STP) and FuelTech (Nasdaq: FTEK) have taken a big time beating. Suntech Power has gotten the worst of it being a Chinese company. What this downturn [...]
This is a follow-up to my earlier article on SiRF titled ‘SiRF gets beaten up’.
I am completely out of SiRF (Nasdaq: SIRF) as of today. I sold half my shares on Friday and sold the rest this morning while the stock was still positive but starting its downtrend.
Why did I get out:
I didn’t like [...]