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Technology Stocks : SiRF Technology Holdings, Inc (SIRF)

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To: tech101 who wrote (77)1/4/2007 3:47:14 PM
From: tech101   of 132
 
9:45 AM EST January 4, 2007

RBC Capital Mkts initiates Outperform. Target $34. RBC initiated SIRF with an Outperform and a $34 tgt based on strong market growth driven by a significant increase in the GPS attach rate; slower erosion in the co's dominant market share (>50%) through proven technical leadership; and steady or improving margins enabled by a broad product portfolio ranging from high performance to low cost, to address pricing pressure
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