Wednesday, April 29, 2009

GigaMedia Limited: An Overseas Gaming Giant?

Interesting article regarding Asian online gaming Giant GigaMedia Limited. The discussion of this stock relates to the informative presentation that we heard regarding WOW or World Of Warcraft. One of the facts presented in the article is the fact that "Asian game revenues were expected to grow 30% sequentially in the first quarter." The article discusses the huge profits made by online gaming companies.

http://www.schaeffersresearch.com/commentary/content/gigamedia+limited+gigm+flop+or+royal+flush/dailycontrarian.aspx?newsid=92571#92571

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