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-  THE FRIDAY LETTER  -

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for friends and subscribers)

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 | http://www.gilder.com/ | Issue 289.0/March 30, 2007

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HEADLINES:

-  The Week / Sigma’s Swell
-  Friday Feature / Pre-crash Comeback
-  Friday Blogger Bonus / Forbes Backs Giuliani
-  Readings /


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The Week / Sigma’s Swell

Gilder Tech Analyst, Charlie Burger (3/23/07):
The now familiar Sigma Designs (SIGM) growth story continues unrestrained as its ascendant media processors flood the swelling digital-media markets. Twelve telcos worldwide are currently deploying IPTV services with Sigma inside their set-top boxes, and that number is expected to double over the next year. Meanwhile, the Blu-ray format appears to be overtaking the new generation of high-density video disks, where Sony, Pioneer, Panasonic, and Sharp already rely on Sigma. Look for Sigma’s Blu-ray revenues to begin ramping strongly during the second half of this year. Sigma processors are also seeing early sales into HDTVs, portable media devices, and digital adaptors for home media centers.

Management believes they have captured three-quarters of the IPTV set-top box market, which they expect to double this year. If Sigma’s IPTV revenues correspondingly double, they could reach $47.4m during next year’s fourth quarter ending January. Though unit prices may ease as volumes ramp, we believe this estimate is likely conservative for two reasons.

Learn more by reading Charlie complete Sigma post on the Gilder Technology Report subscribers’ online forum. Log on now with your subscriber ID, http://www.gildertech.com/board/. 

Gilder Technology Forum Subscriber (3/23/07): Thanks Charlie, and great call on your quintuple from $9 and change. Glad you had the cohones to put out such a bold prediction.


George Gilder (3/26/07): Charlie, Excellent report on Sigma (SIGM). I still believe that all this options angst is a buy signal. I suspect that a systematic buy of every company with an options scandal would have yielded exceptional returns.


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Friday Feature / Pre-crash Comeback

Gilder Technology Forum Subscriber #1 (3/23/07):
As of now, I AM BACK to my pre-crash "peak" wealth. Thank you Sigma (SIGM) and EZchip (LNOP), among others.

 

GTF Subscriber #2 (3/23/07): Congratulations Glen! I am 60% there. Had I been diligently reading this forum last summer, I would have probably had 50-80,000 shares of Sigma at $8-something. That would have done it, but I'm not complaining! I'm delighted with the move in LNOP.

GTF Subscriber #3 (3/23/07): I've been riding your coat tails with LNOP and SIGM and I'm enjoying the ride. Thanks so much to you and many others here.

George Gilder (3/26/07):
Congratulations. You drove me from a tentative stance on Sigma Designs media-processors to a full embrace.

To read more posts by George Gilder and the GTR subscribers log on with your subscriber ID at
http://www.gildertech.com/board/.

Gilder/Forbes Telecosm 2007
 
Pursuing opportunities, celebrating entrepreneurship and seeking upside surprises.

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Friday Blogger Bonus / Forbes Backs Giuliani

Rich Karlgaard, Forbes.com (3/30/07):
On Wednesday, my boss joined Team Rudy, as New York's former mayor seeks to become the next U.S. president.

 

Steve will be Rudy Giuliani's campaign co-chair and senior policy adviser. Steve explains his support in today's Wall Street Journal.

 

The money quote:

"[Giuliani] built New York's resurgence not just on fundamental police work, but also on a foundation of fiscal discipline. He cut taxes and the size of government and turned an inherited deficit into a multibillion-dollar surplus. ... [He] entered office in 1994 with a $2.3 billion budget deficit handed to him by his predecessor, Mayor David Dinkins. Liberal conventional wisdom held that the only way to close the gap was to raise taxes while cutting back on basic city services such as sanitation. The new mayor rejected this advice--in fact, he famously threw the report recommending tax hikes in the trash!"


Check out Rich’s Digital Rules Blog:
http://blogs.forbes.com/digitalrules/

____________________________________


Readings /  

WSJ: Kessler’s Mark Zuckerberg Interview
http://www.andykessler.com/

Packet Politics

http://opinionjournal.com/columnists/dhenninger/?id=110009866

Synaptics: 'Touchpad' star
http://www.bloggingstocks.com/2007/03/27/synaptics-touchpad-star/

 

Intel Modifies WiFi To Add Mileage

http://news.com.com/Intel+modifies+Wi-Fi+to+add+mileage/2100-7351_3-6170713.html?tag=nefd.pulse

 

Tim Berners-Lee On The Semantic Web
http://www.technologyreview.com/Infotech/18451/

 

Emboldened Tax-and-Spenders
http://www.washingtonpost.com/wp-dyn/content/article/2007/03/28/AR2007032801878.html?hpid=opinionsbox1

The Weekly GTI
http://www.gtindex.com/
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FRIDAY LETTER STAFF

Editor: Mary Collins / mcollins@gilder.com

Research: Sandy Fleischmann / sfleischmann@gilder.com

 

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