Posts for Ticker ‘SIRF’

SiRF’s Buyout, Quasi-False Premium (SIRF)

SiRF Technology Holdings Inc. (NASDAQ: SIRF) is soaring following a takeover.   This is a huge premium deal on the surface, but there might be issues after you start peeling the onion.
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Posted on: February 10, 2009 – 9:25 am in Mergers and Buy Outs, Semiconductor, Wireless, , , , ,

Day Trader Alert: SiRF Technology (SIRF)

Sirf_logoSiRF Technology Holdings Inc. (NASDAQ: SIRF) has just made a mid-day mystery move on essentially no news.  It seems that traders are tying it to the G1 phone launch from Google based upon an old press release.  Unfortunately, even under the best case scenario this is already known. It was our understanding that the phone is being built by HTC with a Qualcomm baseband.  This stock is frequently passed around in trader chat rooms, and that may be the biggest thing going for it today.  Unfortunately, some of these low market cap stocks make mystery stock moves and sometimes on exaggerated or even old information.  So far, that’s all this appears to be.  When you add in that this was a former high-flier that crashed and burned, it doesn’t take much money to move the stock around.  Even after a 10% rise today to $1.92, its 52-week trading range is $1.51 to $30.61.  Shares briefly traded north of $2.00 on the sudden spike, and we haven’t been able to find anything new from the company itself to account for the move. As of 1:07 PM this has already traded 20% more than its full average daily trading volume.

Jon C. Ogg
September 24, 2008

Posted on: September 24, 2008 – 12:11 pm in Semiconductor,

The 52-Week Low Club 8/19/2008 (JCG)(CCJ)(FNM)(SIRF)

Sad_clownJ Crew Group (JCG) Analyst downgrade. Drops to $24.86 from 52-week high of $52.44.

Cameco Corporation (CCJ) Bad profits. Down to $27.56 from 52-week high of $52.33

Fannie Mae (FNM) Ongoing concerns about shareholders being wiped out. Plunges to $5.75 from 52-week high of $70.57.

Sirf Technology (SIRF) Losing case against Broadcom will not get ITC review. Falls to $1.96 from 52-week high of $30.16.

Douglas A. McIntyre

Posted on: August 19, 2008 – 2:59 pm in HI/LOW, , , ,

The 52-Week Low Club 8/11/2008 (SIRF)(CDE)(AU)(BWTR)

Sad_clownCoeur d’Alene Mines (CDE) Faces bad earnings and falling  metals prices. Drops to $1.69 from 52-week high of $5.18.

Anglogold Ashanti (AU) Metals stocks down. Slips to $25.68 against 52-week high of $51.35.

Basin Water (BWTR) Delays results and audit committee begins investigation. Falls to $1.29 from 52-week high of $13.42.

SiRF Technology (SIRF) Loses patent ruling against Broadcom (BRCM) Drops to $2.15 from 52-week high of $30.61.

Douglas A. McIntyre

Posted on: August 11, 2008 – 2:47 pm in HI/LOW, , , ,

THe 52-Week Low Club (DGX, ED, KDE, SIRF, TWPG, FRNT, PNCL)

Quest Diagnostics Inc. (NYSE: DGX). Cost pressure strains on the health care sector hurting this stock. New low of $43.65 compared to a 52-week high of $58.63.

Consolidated Edison Inc. (NYSE: ED). Poor reaction to volatile fuel prices slid this stock to $39.78 from a 52-wek range of $40.10 to $52.90.

4 Kids Entertainment Inc. (NYSE: KDE). The new low keeps getting lower after a quarter losses posted last week and the economy slows. Down 7% to a new low of $9.56. The 52-week range is $10.19 to $19.90.

SiRF Technology Holdings Inc. (NASDAQ: SIRF). Tuesday’s announcement that job cuts will result from lower sales and UBS analyst predictions that Sirf’s competitive edge will continue to decline dropped the company to a new low of $4.71 from a 52-week range of $4.90 to $30.61

Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG). The bank may have upgraded its security software today, but share prices are anything but secure. New low of $6.81 from a previous 52-week range of $6.99 to $20.80

Huge gains in oil and more FAA inspections not helping any airlines, but these were on lows: Frontier Airlines Holdings, Inc. (NASDAQ: FRNT) Down to $2.05 from a previous range of $2.10 to $7.46. Pinnacle Airlines Corp. (NASDAQ: PNCL) New low of $8.94 from range of $9.13 to $20.34/

Douglas A. McIntyre.

Posted on: March 26, 2008 – 3:00 pm in HI/LOW, , , , , , ,

Nasdaq Short Interest: Big Bets Against Tech And Telecom

The short interest for stocks traded on the Nasdaq as of February 15 shows that investors made very big bets against telecom and technology stocks. The numbers compare to those on January 21.

Short interest in Level 3 (LVLT) soared 48.7 million shares to 209.2 million. Short interest in Microsoft (MSFT) moved up 22.6 million to 112.3 million. Short interest in Yahoo! (YHOO) jumped 12.7 million to 55.2 million.

Shares sold short in Intel (INTC) moved up 6 million to 69.9 million. Short interest in Dell (DELL) jumped 7.5 million to 52.3 million.

Largest Short Positions

Company                                      Shares sold short.

Level 3                                          209.2 million shares short

Sirius (SIRI)                                  121.5 million

Microsoft                                      112.3 million

E*Trade (ETFC)                              96.5 million

Charter (CHTR)                               93.4 million

Intel                                               69.9 million

Comcast (CMCSA)                         59.4 million

Yahoo!                                           55.3 million

Dell                                               52.3 million

Cisco (CSCO)                                45.2 million

Oracle (ORCL)                               39.1 million

Larges Increase In Short Position

Company                                       Increase In Shares Sold Short

Level 3                                          48.7 million

Microsoft                                       22.6 million

Yahoo!                                          16.7 million

Source Interlink                             10.6 million

Sirius (SIRI)                                    9.2 million

Largest Decreases In Short Position

Company                                      Decrease In Shares Sold Short

Appled Materials                           6.9 million share decrease

SiRF (SIRF)                                  6.1 million

Charter                                         5.9 million

Altera                                           5.9 million

Hudson Bank                                5.2 million

Comcast                                      3.9 million

Data from NASDAQ and WSJ

Douglas A. McInyre

Posted on: February 28, 2008 – 4:26 am in Short Interest, , , , , , , , , , , ,

The 52-Week Low Club (SIRF)(RMKR)(WOOF)

Primus Guaranty (NYSE: PRS) Bad quarterly earnings. Shares drop to $3.64 from 52-week high of $12.96.

SiRF Technology (NASD: SIRF) Big miss on earnings takes half of stock’s value in one day. Trades down to $6.97 from 52-week high of $34.15.

Rainmaker Systems (NASD: RMKR) Company loses biggest client and is downgraded. Drops to $2.81 from 52-week high of $11.08.

ARM Holdings (NASD: ARMHY) Weak quarterly numbers.Down to $5.57 from 52-week high of $10.07.

VCA Antech (NASD: WOOF) Quarterly guidance is off the mark. Falls to $31.40 from 52-week high of $46.23.

Douglas A. McIntyre:

Posted on: February 5, 2008 – 4:10 pm in HI/LOW, , , , ,

Top 10 Pre-Market Analyst Calls (ACI, RATE, BKS, GS, HAS, MOS, OXPS, POT, SIRF, YHOO)

These are not the only analyst calls impacting stocks this morning, but these are the key calls that 247WallSt.com is focusing on this morning:

  • Arch Coal (NYSE: ACI) raised to Overweight at JPMorgan.
  • Bankrate (NASDAQ: RATE) downgraded to Hold at Jefferies.
  • Barnes & Noble (NYSE: BKS) downgraded to Neutral at JPMorgan.
  • Goldman Sachs (NYSE: GS) downgraded to Market Perform at Oppenheimer.
  • Hasbro (NYSE: HAS) raised to Buy at Banc of America.
  • Mosaic (NYSE: MOS) raised to Buy at Citigroup.
  • OptionsXpress (NASDAQ: OXPS) started as Sell at Merriman Curhan Ford.
  • Potash (NYSE: POT) raised to Buy at Citigroup
  • SiRF Tech (NASDAQ: SIRF) downgraded across the board: Jefferies, Lehman, Oppenheimer.
  • Yahoo! (NASDAQ: YHOO) raised to Buy at Canaccord Adams; downgraded to Neutral at Banc of America.

Jon C. Ogg
February 5, 2008

Posted on: February 5, 2008 – 7:24 am in Analyst Calls, , , , , , , , , ,

Media Digest 2/5/2008 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, Microsoft (MSFT) would borrow some of the money for a purchase of Yahoo! (YHOO).

Reuters writes that Toyota’s (TM) net grew 7.5% on emerging market growth.

Reuters writes that Yahoo! may consider an alliance with Google (GOOG).

Reuters reports that News Corp (NWS) lifted its outlook and sees no advertising slowdown.

The Wall Street Journal writes that social networks and video sharing sites are delivering big ad numbers more slowly than expected.

The Wall Street Journal writes that Moody’s is thinking of changing its ratings system.

The Wall Street Journal reports that Boston Scientific (BSX) posted a loss for the last quarter.

The New York Times writes that factory orders rose in December

The New York Times writes that BHP Billiton (BHP) is reviewing its options now that a Chinese firm has bought part of Rio Tinto (RTP).

The FT writes that BP (BP) will cut 5,000 jobs.

The FT reports that China is on a course for an economic slowdown.

Barron’s reports that SiRF Technology (SIRF) dropped sharply on poor quarterly numbers.

Bloomberg writes that Toyota says that its profit may decline this quarter.

Douglas A. McIntyre

Posted on: February 5, 2008 – 4:13 am in Press Digest, , , , , , , , , ,

Many Major Tech, Media, Telecom Hitting New 52-Week Lows

With about 20 minutes to go into the close and on one ugly day, we have the DJIA down nearly 300 points, the NASDAQ down almost 40 points, and even the S&P 500 down over 35 points.  We have been commenting about the recession for some time now and this is going from the good to the bad to the fugly.  Of course financials, REIT’s, retail, and other classic sectors had more than their fair share of 52-week lows.  But Telecom, Media, and Tech reached these critical 52-week lows and these are looking horrible. 

The markets are hostage to the ratings agencies now.  Here is what happens when you look at "VALUE INVESTING" in technology:

Alliance Data (ADS), Answers (ANSW), ATMI Inc. (ATMI), BigBand Networks (BBND), British Sky ADR’s (BSY), CA inc. (CA), CBS Corp. (CBS), Century Tel (CTL), Cincinatti Bell (CBB)…

Cisco Systems (CSCO) is a new entrant, this was surprising but those teen prices were in 2006.

Cogent (COGT), Cohu Inc. (COHU), Computer Science (CSC), Compuware (CPWR), DireTV (DTV),
Echostar (DISH).. unsure because of reorg…, Emulex (ELX), Epicor Software (EPIC), General Electric (GE), Getty Images (GYI), Gluu Mobile (GLUU), Hungarian Telecom (HTC), Internet Capital Group (ICGE), Interactive Intelligence (ININ), J2 Global (JCOM), ML Internet HOLDRs (HHH), ML Telecom HOLDRs (TTH), PlanetOut (LGBT), Liberty Media (LINTA), Loral Space (LORL), Live Nation (LYV), Sourcefire (FIRE), Flextronics (FLEX), Monster Worldwide (MNST)….

Motorola (MOT), Martha Stewart (MSO), Mattson Tech (MTSN), Network Appliance (NTAP), Orbitz Worldwide (OWW), Plantronics (PLT), Powershares Dynamic Media (PBS), Qwest Communications (Q), RCN Corp. (RCNI), RF Micro Devices (RFMD), Riverbed Tech (RVBD), Savvis (SVVS), Sprint Nextel (S), SiRF Tech (SIRF), Stamps.com (STMP), Time Warner (TWX), Trimble Navigation (TRMB), Veeco Inst. (VECO), Vishay (VSH), Voltera Semiconductor (VLTR), Xinhua Finance Media (XFML) ,

Yahoo! (YHOO) ouch.

This is almost enough to make many people cry.  The VIX is trading at 27.34 and is up 2.96 points but we aren’t even at 30 yet meaning that massive critical oversold and true panic levels haven’t yet been reached.

Jon C. Ogg
January 17, 2008

Posted on: January 17, 2008 – 3:51 pm in HI/LOW, Media, Technology Companies, Telecom, , , , , , , , , , , , , , , , , , ,

Backward & Forward, Cramer In 2007 To 2008

2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008.  Everyone’s favorite market pundit or least liked pundit is obviously Jim Cramer.  If you love Cramer or can’t stand him it really doesn’t matter.  He signed a new multi-year deal with CNBC recently.  Here are some of his major calls this year that will still be referred to in 2008:

Here were Cramer’s TOP 9 STOCKS FOR 2007, with a call broken down for each one.  Borat would say HI FIVE on some and NOT SO NICE on others, as would be expected.  Cramer’s 14,582 year-end DJIA target…..Friday’s close was 13,365.87……although we did hit 14,279.96 on OCT11, 2007.  Cramer also gave a batch of price targets on most of theDJIA components:

Cramer’s Stock Picks FOR 5-YEARS OUT:

SOME LISTS: His list of recession proof stocks compared to ours.  We are updating our
Defensive Stocks For The First Half Of 2008" currently.  Cramer gave a huge list of companies he expects to benefit from the alternative energy traders (SGR, FWLT, BWA, OMG, FSLR, FTEK, WFR, TTEK, ZOLT, BP, SPWR, CY, CPST, ITRI)… Jim Cramer pondered which US companies China would want to acquire, about 3 months before sovereign funds started buying into US companies.  Cramer’s mortgage winners and losers…… Here were his MAJOR BULL MARKET STOCK PICKS(MHS, CVS, AGN, CELG, GENZ, CEPH, RIG, HAL, EMR, CAT, CMI, UTX, KO,PEP, CL, GS, SKS, VFC, UNP, CSX, BA), some of which are DJIAcomponents.  Cramer produced a "MUST OWN" list of stocks, many of whichare up significantly and some are down (WHR, BDK, ATI, BGC, HON, ASD, JCI, MDR, FWLT, CAT, TEX, DE, QCOM)

Cramer spent lots of time on International stocks that most US investors might not cover on their own.  He made a big call on Mercadolibre (MELI) (also BIDU, GOOG) with some emphasis on buying immediately, right before it made a huge run up.  Cramer’s Hidden Video Game Investment Perfect World (PWRD, ATVI, ERTS, VIA) was one he said could run more than 50% for 2008.  Cramer made 5 TOP CHINESE PICKS (CEO, CHL, SSW, FMCN, BIDU, GMR).  We’ll see in 2008 if any of his Canadian OIL TRUSTS get acquired in 2008 (BTE, CNE, PGH, PVX, PWE, AAV, GDI).  Cramer also went over his top picks from Europe for American investors (TOT, SI, ABB, PHG, BF)

ON TECHNOLOGY:  Cramer’s NEW HORSEMEN OF TECH…. will the list change in 2008???  Did Cramer Say $1,000.00 on Google, Or Is It $600.00? That was in May 2007.  Cramer Gave Monster Price targets to Baidu.com (BIDU, GOOG).. will these targets change in 2008? Cramer was very positive on all the GPS stocks,although we’d expect that Cramer will change his tune in 2008 now thatthe holiday madness is behind us (GRMN, UA, CROX, NVT, TRMB, SIRF).

Would it be fair not to include the Barron’s attack on Cramer from summer for those of you that criticize his every word?

ON WARREN BUFFETT…. Cramer noted that BROOKFIELD ASSET MANAGEMENT in Canada may be the next Berkshire Hathaway (NYSE:BRK/A) NYSE: BAM). Cramer reviewed 10 Warren Buffett stocks for analysis and then reviewed 10 More Warren Buffett stocks:

Will his buyout of ALCOA (AA) prediction come true in 2008??? Cramer gave a list of stocks that had bought back so much stock that they might be taking themselves private.

Join our free email distribution list for other Cramer calls or for updates we send out regarding IPO’s, spin-offs, restructuring, reorganization, activist investors and more.

Happy New Years from the 247WallSt.com team!

Jon C. Ogg
December 31, 2007

Posted on: December 31, 2007 – 8:01 am in Cramer, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Trimble May Knock GPS Stocks (TRMB, GRMN, SIRF, NVT)

Trimble (NASDAQ:TRMB) posted EPS of $0.29 non-GAAP on revenues of $296 million; First Call had estimates at $0.28 EPS on revenues of $299.7 million.  The company posted $0.22 GAAP EPS(on higher tax rates).  Operating income for the third quarter of 2007 was $43.8 million, up 21% from the third quarter of 2006. Operating margins in the third quarter of 2007 were 14.8 percent, compared to 15.5% in the third quarter of 2006 (on amortization costs).

Guidance was issued as well. Trimble expects revenue to grow 26% to 28% compared to the fourth quarter of 2006, with revenue between $295 million and $300 million (estimates are $296 million). Trimble expects fourth quarter 2007 GAAP earnings per share between $0.17 and $0.19 and non-GAAP earnings per share between $0.24 and $0.26 (estimates are $0.25). Its non-GAAP guidance use a 39 percent tax rate, compared to an actual 25 percent tax rate in the fourth quarter of 2006, and assume 126 million shares outstanding.

Unfortunately, Wall Street is expecting more out of GPS stocks now.  Now a decision has to be made to see if the laggard in the sector will carry over to the leaders.  TRMB is trading down 10% at $43.05 in after-hours trading after a 6% gain today.

NAVTEQ (NVT) shares are down but only marginally because of the Nokia buyout.  Shares of Garmin Ltd. (GRMN) are down 1.25% at $119.00 in after-hours trading, although shares closed up 4.6% today.  No trading has been seen in SiRF Tech (NASDAQ:SIRF).

Jon C. Ogg
October 23, 2007

Posted on: October 23, 2007 – 3:54 pm in Earnings, , , ,

The 52-Week Low Club

Coldwater Creek (CWTR) Week numbers for women’s apparel company. Down to $12.85 from 52-week high of $31.25.

Chico’s FAS (CHS) Apparel retailer reports poor earnings. Down to $15.35 from 52-week high of $27.94.

Energy Conversion Devices (ENER) Solar cell maker show poor numbers and profits may be delayed until 2009. Drop to $25.05 from 52-week high of $41.07.

Sirf Technology (SIRF)  Company makes chips for use in GPS devices. Received poor brokerage rating last week. Share won’t recover. Falls to $16.20 from 52-week high of $34.15.

Douglas A. McIntyre

Posted on: August 30, 2007 – 3:58 pm in HI/LOW, , , ,

Cramer’s Immune Growth Pick In A Crummy Market (GRMN, UA, CROX, NVT, TRMB, SIRF)

On tonight’s MAD MONEY on CNBC, Jim Cramer wanted to look at what actually works in a major credit crunch.  His situation that worked back in 1990 in food, drug, and soft goods work now, but he’s been covering that already.  The other area he likes: HIGH GROWTH.

Garmin (NASDAQ:GRMN) is a phenomenal high-growth story equal to the trends seen in Under Armour (NYSE:UA) and Crocs (NASDAQ:CROX).  Here’s what he likes about it:  It is the leader in global positioning that is trading under its growth rate.  He really liked the beat they gave with earnings last quarter and the raised guidance.  Shares are down 14% because of the market sell-off and it is still above where it was when it reported.  If shares get much weaker he thinks it’s a gift.  He thinks that it is a cheap growth stock that if he uses the highest estimate from Merrill Lynch that this can hit $116.00.

Cramer even brought on Garmin’s CFO for a telephone interview.  The CFO, Kevin Rauckman, said the company was even surprised with the margins.  The pricing pressures they anticipated haven’t yet surfaced.  As far as manufacturing capacity, they bought a third factory in Taiwan so it can keep doing its own manufacturing and is now in great supply-side shape the rest of the year.  Navigation is still strong and they haven’t seen a pinch from the weaking consumer yet. 

Cramer: Will you have enough product for Christmas?   Rauckman, CFO: "Absolutely….."

If you like the navigation sector, here is what we gave for the sector wrap-up when these companies all reported earnings within the same 24-hour period and here was the preview for the group.  NAVTEQ (NYSE:NVT) and Trimble Navigation (NASDAQ:TRMB) are the two other leaders out of the GPS sector, and SiRF Tech (NASDAQ:SIRF) is the one that makes many of the chipsets and software systems for mobile communications GPS systems.

Jon C. Ogg
August 15, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: August 15, 2007 – 5:36 pm in Cramer, , , , , ,

GPS Stocks Cruising Up Wall Street & Main Street (GRMN, NVT, TRMB, SIRF)

NAVTEQ  Corp. (NYSE:NVT) is seeing its shares trade up over 10% on strong orders that exceeded estimates and guidance that equally exceeded estimates.  This puts shares within striking distance of highs.

Sector leader Garmin Ltd. (NASDAQ:GRMN) shares are trading up 9% pre-market on results that mirrored those of NAVTEQ.  Earnings rose a sharp 74% with EPS coming in at $0.98 versus a $0.74 estimate.The company raised 2007 guidance on EPS to $3.15 EPS or higher, above the $2.90 estimate from First Call.  Shares are trading at new highs pre-market.

The smaller player in the group is Trimble Navigation Ltd. (NASDAQ:TRMB), is seeing shares indicated up over 3% pre-market on a 23% profit rise.  The company sees EPR at $0.26 to $0.28 and revenues of $294 to $299 million, compared to estimates of $0.26 EPS and under $294 million in revenues. Trimble shares are going to be within a few percent of that $35.60 high.

The only loser in the group is the chip maker for GPS systems, SiRF Technology (NASDAQ:SIRF).  It shares were hampered by what may be as little as one large order or a couple orders still pending and not completed, but nonetheless it posted light revenues and that won’t cut it.  Shares are trading down over 8% pre-market.  This drop puts shares only about $3.00 above the $18.20 low seen in the last 52-weeks.

Here was the full earnings preview for the sector yesterday ahead of the earnings onslaught.

Jon C. Ogg
August 1, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: August 1, 2007 – 8:30 am in Earnings, Transports, , , , , , , ,

SiRF Technology Goes Its Own Way (SIRF, NVT)

SiRF Technology Holdings Inc. (NASDAQ:SIRF), a Global Positioning Systems chip maker, isn’t following quite the same lead of NAVTEQ (NYSE:NVT) in after-hours trading.  It is possible that the street read the GAAP EPS headline number rather than the non-GAAP, although the revenues look a tad light.

The company posted $0.23 non-GAAP EPS on revenues of $70.6 million, and gross margins of 54.6%.  Unfortunately, Wall Street was looking for $0.23 EPS on $71.5 million in revenues.  The share calculation was up to 56.5 million shares from the prior 56 million shares from Q2 2006.

Total cash, cash equivalents and short-term investments were $211.0 million at June 30, 2007, compared with $170.2 million at December 31, 2006. Long-term investments were $2.0 million at June 30, 2007, compared with $26.4 million at December 31, 2006.  Shares are down about 7% in after-hours trading, and unfortunately that will put shares within 10% of its 52-week lows.  We’ll have to see how this trades tomorrow morning when it is more liquid before passing any final judgement.

Jon C. Ogg
July 31, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: July 31, 2007 – 4:00 pm in Earnings, Transports, , , , ,

Global Positioning Earnings Onslaught (GRMN, NVT, SIRF, TRMB)

It is rare that one sub-sector has all of the key components reporting earnings within the same 24 hour period, but that is the case with the "GPS" or global positioning stocks.  Tonight we have earnings from Timble (TRMB), NAVTEQ (NVT) and SiRF Tech (SIRF).  Tomorrow morning is Garmin (GRMN).  If you are in outside sales, the military, shipping, or do lots of driving then you know the addiction to these.  Particularly since a research analyst just yesterday and Jim Cramer recently called NAVTEQ (NVT) a buyout candidate.  These reports are all after reports that TomTom agreed to Buyout NAVTEQ’s rival TeleAtlas for some $2.6 Billion. Keep in mind that these have experienced significant gains and are all considered hi-beta names.  Here are the earnings previews with some brief notes:

NAVTEQ (NYSE:NVT) reports after today’s close: $0.27 EPS & $180.25M revenues; next quarter $0.26 EPS & $181.4M revenues; Fiscal 2007 $1.33 EPS & $747.8M revenues.  Shares within 10% of recent yearly highs and up over 100% from year lows.  40+ P/E ratio, recently noted as takeover candidate.

Trimble Navigation (NASDAQ:TRMB) reports after today’s close: $0.30 EPS & $311.7M revenues; next quarter $0.26 EPS & $293.4M revenues; Fiscal 20067 $1.12 EPS & $1.19 Billion revenues.  TRMB within 6% of 52-week highs and up over 60% from lows.  Almost $4 Billion market cap and 36+ P/E ratio.

SiRF Tech (NASDAQ:SIRF) reports after today’s close: $0.23 EPS & $71.5M revenues; next quarter $0.28 EPS & $81.4M revenues; Fiscal 2007 $1.06 EPS & $315.5M revenues.  Just recently in new collaboration with Intel pre-market; stock well off of highs because of prior guidance; still massive P/E ratio because of items, but has only a 22.6 forward P/E ratio if it hits estimates.

Garmin Ltd. (NASDAQ:GRMN) reports Wednesday morning before the open: $0.73 EPS & $645.7M revenues; next quarter $0.67 EPS & $601M revenues; Fiscal 2007 $2.90 EPS & $2.62 Billion revenues. Stock already above most analyst targets because of outperformance; shares within 1% of all-time highs (52-week) with an $18.7 Billion market cap; Forward P/E close to 30.

Jon C. Ogg
July 31, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: July 31, 2007 – 11:48 am in Earnings, Technology Companies, Transports, Wireless, , , , , , , , , ,