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Buy GigaMedia (GIGM
Financially I think GIGM is very impressive. GIGM has a solid balance sheet with around $100 million in cash while only $14 million in short term holdings. That roughly works out to around $2 per share in cash which is an asset they could use to increase shareholder interest in the future. Adding to this, GIGM has been quite profitable. Their sales have an annual growth of 38% and operating profits increase 67%.
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