A few things I found interesting, and stocks to keep an eye on…
1. MEG-4 compression tech is gaining traction, and should continue. SIGM is the best play here, hence its great move over the past few weeks. SIGM maybe a good investmet on a pull back. Also, IMO, they may be bought by BRCM (unless BRCM has a version in there pipeline, and threaten a relative price war to get into the MEG-4 STB game. BRCM does have HDTV chips.). (article)
And to add to the IPTV support, here is a consensus that states IPTV is a top priority in 2007. (article) This is also why BRCM is one of my few semis i’ll go after for the next few months… they are in the right spaces.
2. Here is proof GE made a terrible mistake purchasing IDX. Customers are not happy with the product, especially the NHS in the UK. (ouch) This bodes well for a top rated, customer friendly EMR product that Allscripts (MDRX) offers. Just adds to the investment case for MDRX. (article)
ps… on a valuation note for MDRX: it is currently where it should be unless estimates get revised upward. Also as per the above info, it may deserve a premium, but i’m waiting for a pull back.
3. CEO of PALM is down playing, and imo, underestimating the iPhone. (article) If this is true, I am bothered by it. PALM’s management has really let down investors. They could of sold the company months ago at a premium, but decided to be selfish and ride the stock to pathetically low levels. While Ed (the CEO) keeps over promising and under delivering, he does bring up a good point… Apple will leverage their retail outlets to sell the phone (most likely a phone that will be and unlocked EV-DO have WiFi capability). Apple usually always have their products ready, and seeing the success of the ‘Chocolate’ phone, Apple’s phone will be a success. (Ed’s mistake is thinking Apple is a PC company… they are not, Apple is a conusmer centered electronics designer and a real software developer.)
