3SOF

These are the new or significant statements made by SIGM on this week's conference call:

Many of SIGM's accounts are showing steady demand for its chipsets. Design activity remains exceptionally strong as the SMP8634 continues to attract more top tier accounts across multiple market segments. The firm's heaviest focus remains on IP set-top box (STB) opportunities, where it enjoys a leadership position in both technology and market position. SIGM is also increasing its engagement for high-definition DVD players along with other new consumer products, which combined have the potential to generate substantially increased revenues throughout the coming year.

The firm has now entered into a timeframe in which it feels its visibility enables it to offer reasonable guidance for future revenue growth. Therefore, based on current visibility, SIGM expects to achieve approximately 20% revenue growth in its fourth quarter. Though SIGM anticipates continued sequential growth throughout next year, it will not be supplying specific guidance at this time.

Relative to previous (2006) unit market estimates from SIGM, the firm sees upside in every category. Based on SIGM seeing many large organizations, large telcos with very, very determined plans in place to meet a schedule of deployment, the highest probability of upside looks to be in the IPTV space. SIGM has assurance from TSMC (its chip foundry) that it would have capacity to take care of its needs even in the optimistic scenario.

There are a lot of new features SIGM is adding to future versions of its chips that will guarantee that they will be designed into the next series of products.

SIGM has qualified its new SMP8634 silicon and will be providing production parts in mid-December, as well as production software for all primary features. SIGM's market intelligence indicates this is substantially ahead of its closest competitor. The firm will have the capacity to ship probably more than the demand in December. Collectively, as SIGM hits December, January, February, it will be shipping in the tens of thousands.

SIGM has become the first silicon of choice for a total of five major STB suppliers who are developing Microsoft TV-based STBs. As speculated, SIGM is the silicon behind the Motorola STBs being readied for deployment by SBC. Again as speculated, SIGM is also the chosen silicon behind the Philips STBs being readied for deployment by British Telecom. Regarding the three unannounced MSTV STBs, SIGM is making every effort to announce these formally and is applying as much pressure as is reasonable for it to apply. SIGM is demonstrating a STB product with Scientific Atlanta, but can't preannounce their intentions (although that firm stated at a recent investor conference that SIGM was one of their two IPTV platforms, the other being ST Micro, and that they planned to develop both platforms as well as several different versions of software to run on them).

SIGM is engaged with a number of independent telco STB deployments that leverage its foundation of strength and IPTV expertise to launch non-MSTV services next year. This includes SIGM's continuing shipments to UTStarcom, who is a strong force in the developing market for IPTV in China, which currently includes China Netcom and China Telecom. SIGM is in very strong position in China, not just with UTStarcom, but with other accounts as well. SIGM is also involved in other UTStarcom projects, on a selected basis, although China is the top focus. This also includes a fast-moving telco in Europe who is expected to launch new services during the first half of next year. And finally, this includes a studio-driven movie download service that's also expected to launch new services in the first half of next year. SIGM believes that, as a group, these IPTV deployments have the potential to start adding to its top line in the fourth quarter of this year with far more substantial growth next year.

Microsoft has an enormous effort to support the worldwide IPTV engagements they have. They have a large design team that's not only porting to different set-top boxes but are also engaged in developing new feature sets for new future versions of MSTV code that will bring out some of the types of features that have not been implemented by telcos or anybody else yet. The telcos are focused on providing differentiated services, not just "me-too" video, so they are going to continue to roll out new features. Without tipping their hands for them, this is a pretty wide-reaching effort and Microsoft is very heavily involved in this. Obviously, as they move to develop these new features, they are asking SIGM for new silicon support and the firm is working in a close partnership with them to keep that in a very tight loop.

DMAs appear to be heading toward a volume ramp as SIGM heads into next year. Wide-reaching programs involving Intel's Viiv and Microsoft "Play for Sure" technologies will result in greater proliferation of media center PCs next year, which are expected to drive the unit demand for DMAs to extend the entertainment network throughout the home. Sigma has achieved design wins at the majority of current DMA suppliers and has engaged with a new slate of vendors. Several new product launches are set to occur at CES with ensuing revenues having an incremental impact on the firm's top line starting in the first quarter of next year. To date, SIGM does not know a substantial vendor of DMA products that is not using SIGM media processors in their design. Intel is trying to act as a catalyst for the entire DMA industry and is going to be contributing to the overall marketing programs, including some money that they will allow people to use for advertising and promotion.

Previously, SIGM indicated its involvement with four vendors of Blu-Ray or HD DVD products. At this time, SIGM is moving ahead on a rapid course of product development to satisfy demand for these first generation players. Additionally, the company has engaged with two other vendors, who are again seeking SIGM to satisfy the demand for a unique combination of features. All of these players will initially be based on the firm's industry-leading SMP8630 series.

Regarding PMDs, several design wins in China have produced a unique segment of demand that has now begun to ramp into volume and which will add to the growth expected in SIGM's fourth quarter.

For HDTVs, SIGM continues to maintain a long-term focus on eventually gaining more flat-panel design wins and expects to be part of more demonstrations at the upcoming CES show. SIGM has a couple of name brands already using its chips, but it has three or four designs with some big names in Asia and hopes a few of them will start showing products at this coming CES.


Technically looking for 16-17 short term,22 intermediate & 30-35 longer term

GO SIGGY!!!!

SIGM now 14.30... already up a buck per share 

UP, UP & AWAY.......................................VERY BULLISH!!!!

Up over 20% on this one   

Any of you guys still holding?

Im out 21% gains....

Earnings on 3/21 and its having a nice today today !~

Hi, bearish signal...

additional information:
1)
Sigma Designs "strong buy," target price raised
Wednesday, August 30, 2006 1:42:35 PM ET
BWS Financial
NEW YORK, August 30 (newratings.com) - Analysts at BWS Financial reiterate their "strong buy" rating on Sigma Designs (SIGM.NAS). The target price has been raised from $20 to $24.
2)
Sigma Designs "buy," target price raised
Wednesday, August 30, 2006 1:28:26 PM ET
Roth Capital
NEW YORK, August 30 (newratings.com) - Analysts at Roth Capital reiterate their "buy" rating on Sigma Designs (SIGM.NAS). The target price has been raised from $20 to $24.
3)
Investor presentation:
http://www.sigmadesigns.com/public/Investors/pdf_files/investor_presentation.pdf

another coverage:
Sigma Designs initiated with "buy"

Friday, October 06, 2006 12:28:34 PM ET
CE Unterberg Towbin
NEW YORK, October 6 (newratings.com) - Analysts at CE Unterberg Towbin initiate coverage of Sigma Designs Inc (SIGM.NAS) with a "buy" rating.
The target price is set to $22.
please read the attached file

on fire ..... 

reason for BO ?
Sigma Designs "outperform"

Wednesday, October 11, 2006 6:31:45 AM ET
Robert W. Baird
NEW YORK, October 11 (newratings.com) - Analysts at Robert W Baird reiterate their "outperform" rating on Sigma Designs Inc (SIGM.NAS).

The target price is set to $21.
In a research note published this morning, the analysts mention that the ongoing ramp-up of the advanced STBs at major companies, including the first US-based deployment at AT&T, provides significant upside to Sigma Designs' revenues in the current and the next quarter. Robert W Baird expects the company to build up a leading position in the IPTV market during the forthcoming year, in view of the sampling of its Ultrawideband chipset technology.

It's "Pay Off" time for sigma!!!

Sigma Designs Up; Boost Seen From New TV Set-Top Boxes
Dow Jones Newswires - October 11, 2006 2:51 PM ET

By Jonathan Vuocolo
of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--Shares of Sigma Designs Inc. (SIGM) shot up 15% Wednesday, a day after Microsoft Corp. (MSFT) and major television set-top-box makers said advanced system-on-a-chip set-tops were available to support Microsoft's Internet Protocol television software.

All advanced Internet Protocol set-top boxes supporting Microsoft's IPTV Edition software platform are based on Sigma's System-on-Chip technology, said Tristan Gerra of Robert W. Baird, adding it's "payoff time" for Sigma, a Milpitas, Calif., digital-video-encoding and decoding company.

Set-tops supporting IPTV made by Cisco Systems Inc. (CSCO), Motorola Inc. (MOT), LG Philips LCD Co. (LPL) and Tatung Co. (2371.TW), enable service providers to deliver high-definition television, digital video recording and picture-in-picture viewing.
Gerra reiterated his outperform rating and $21 price target and said the set-tops "should provide significant momentum to Sigma's top line this quarter and next."
He said in a note that he is also bullish on Sigma's all-CMOS-based Ultrawideband chipset, which allows wireless streaming of high-definition television content from any host system including personal computers, set-tops or DVD players, to one or several television sets at the same time. CMOS is a class of integrated circuit.
Gerra also said the stock has compellingly low valuation.
Sigma shares were recently up $2.23, or 15%, at $17.06, with 3.5 million shares traded - nearly six times average daily volume.
Baird and its affiliates expect to receive or intend to receive investment-banking related compensation from Sigma within the next three months, and the firm prohibits analysts from holding shares in companies they cover.

rock´n roll again

Sigma Designs initiated with "buy"
Thursday, October 12, 2006 10:04:44 AM ET
American Technology Research
NEW YORK, October 12 (newratings.com) - Analysts at American Technology Research initiate coverage of Sigma Designs Inc (SIGM.NAS) with a "buy" rating.
The target price is set to $27.[/b]
link:
http://www.newratings.com/analyst_news/article_1388977.html

&

Second Look: Sigma Designs Inc.
Thursday October 12, 1:24 pm ET
Sigma Designs Shares Surge for 2nd Day on Bullish Analyst Comments, Stock Sets New 52-Week High

NEW YORK (AP) -- Sigma Designs Inc., a supplier of set-top box and digital television processors, shot up for the second consecutive day on Thursday, thanks to bullish comments from a Wall Street analyst.
American Technology Research analyst Jeff Schreiner initiated coverage of the stock with a "Buy" rating on Thursday, and said investors may have underestimated the company's technological advantage over competitors.
"We believe that currently Sigma has a six to nine month technical lead over competitors and that competitive offerings won't become a concern until the calendar-year 2008 timeframe," Schreiner wrote in a note to clients.
Sigma got a boost Wednesday after a Baird analyst said the company could ramp revenue this quarter and next, thanks to the rollout of new set-top boxes.
Shares of Sigma Designs, which have traded between $7.99 and $17.76 over the last year, were up $1.09, or 6.2 percent, at $18.60 in afternoon trading on the Nasdaq. The stock is up roughly 25 percent since Wednesday's open, and earlier in the session the stock hit a new year high of $18.76.

1)
Sigma Designs "buy," target price raised
Wednesday, November 01, 2006 10:20:36 AM ET
Roth Capital
NEW YORK, November 1 (newratings.com) - Analysts at Roth Capital reiterate their "buy" rating on Sigma Designs Inc (SIGM.NAS). The target price has been raised from $24 to $27.
2)
Marketwatch today:
....
Sigma Designs Inc for example, a stock we've mentioned several times in this column in the last few years, made new 18-year highs just recently, running from around 8 in mid-July to a recent high of over 21. October's high-volume breakout came at around the 16 area, and anywhere between there and minor support at around 17 to17.5 would potentially be a good place to accumulate if the sell-off comes on low volume. Our trading targets would be 25 and, if that's taken out, 30 over the next two to three months