SIGM & Apple

Contemplated a speculative position (25%) in Sigma Designs ($44.65) based on Apple's keynote coming tomorrow. They equip parts of the iPhone but based on the volume during the selloff last week I must deem it too risky, even for a spec. stake. Does the market know something we don't? Ordinarily, the answer is yes; the market always knows before you or I.

Sigma Designs, Inc. offers silicon-based digital media processors primarily for Internet protocol (IP) video technology, connected media players, high-definition televisions, and personal computers. I believe in their industry and their products just not the price, yet.