Eric Savitz (Barron's) submits: Sigma Designs (SIGM) shares are on the mend today following yesterday’s sharp selloff, as some analysts take issue with yesterday’s cautionary report from Robert W. Baird analyst Tristan Gerra.
To review: Gerra reported that Motorola (MOT) had decided to use a chip from Broadcom (BRCM) in its next-generation IPTV set-top box for systems that use Microsoft’s (MSFT) Mediaroom software. Gerra asserted that the company could lose considerable market share as a result with companies like AT&T (T) and British Telecom (BT).
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