MOTLEY FOOL SAYS GIGAMEDIA IS A GOOD BET

15 August 2008

Investment publication looks at the future potential of a growing Internet gambling company


The current Motley Fool publication was looking at future investment Internet dream stocks this week, using criteria such as market caps of at least $100 million; three-year revenue growth rate of at least 15 percent; price-to-earnings ratios of less than 25 and gross margins of at least 50 percent.

And among the future winners emerging from its analysis was Grand Virtual and Everest Poker parent, the Taiwan group Gigamedia.

Motley Fool looked at Nasdaq-listed Gigamedia's attributes before commenting:

"Online gaming company GigaMedia is stacking its chips with its popular Everest Poker site; its revenue grew 56 percent year over year. And with its sponsorship of the 2008 World Series of Poker, the company will get immense exposure, what with its logo put on every tournament table and more than 300 million households around the world watching on ESPN.

"With the company's consistently high gross margins and a share price that is down nearly 30 percent over the past few months, some see GigaMedia as set to take off. At least 98 percent of the 1 827 CAPS members [at Motley Fool] rating GigaMedia see it that way, because they've picked it to outperform the market."

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