GigaMedia Ltd. (NASDAQ: GIGM, $11.20, Buy - Price Target: $13) . GigaMedia Limited is a diversified provider of online entertainment software and broadband services. Under new management, GigaMedia has repositioned itself through shifting of assets and divestitures of some legacy businesses to focus on providing entertainment software and services to the high-growth, high-margin global online gaming and casual games markets. Specifically, GigaMedia software powers an emerging leading European online poker site, Everestpoker.com and operates an Asian casual game portal and the world's largest (in terms of revenue) online mahjong game site, FunTown. To establish a foothold in high-growth emerging markets, GigaMedias core entertainment software and services operations are focused almost entirely on non-English speaking markets of Europe and Asia. GigaMedia is incorporated in Singapore and headquartered in Taiwan, and its shares are listed on the NASDAQ.

Arris Group, Inc. (NASDAQ: ARRS, $11.46, Buy - Price Target: $15) Arris Group, Inc. engages in the development, manufacture, and supply of telephony, data, video, construction, rebuild, and maintenance equipment for the broadband communications industry worldwide. It develops and supplies equipment and technology for cable system operators and other broadband service providers, which allows them to deliver a range of integrated voice, video, and data services to their subscribers, as well as supplies infrastructure products used by cable system operators in the build-out and maintenance of hybrid fiber-coaxial networks.

salesforce.com, Inc. (NYSE: CRM, $35.88, Buy - Price Target: $45) salesforce.com, headquartered in San Francisco and founded in 1999 by a former Oracle executive, has pioneered and legitimized on-demand CRM, a monthly subscription for CRM functionality. In fact, the company, initially only successful at small, multi-user accounts, has now become more competitive for the largest of accounts, as the company has rapidly evolved the product to close the gap with on-premise solutions and been introduced for customization and integration capabilities.

Opsware, Inc. (NASDAQ: OPSW, $9.01, Buy - Price Target: $10) Opsware is rapidly emerging as the leading provider of software used to automate complex mission-critical data centers. Its products have shown a dramatic ability to lower the resources required to provision servers and applications, deploy new code, deploy patches and updates, and manage the myriad of changes occurring in the data center on a daily basis. Based in Sunnyvale, California, the company was originally founded in 1999 as LoudCloud before it sold its managed service contracts in 2002 and focused on enhancing its already-proven software assets.

Google, Inc. (NASDAQ: GOOG, $401.90, Buy - Price Target: $550) Google, Inc. offers advertising and Internet search solutions, as well as intranet solutions through an enterprise search appliance. The company is headquartered in Mountain View, California. Google's mission is to organize the world's information and make it universally accessible and useful.

Progressive Gaming International Corp. (NASDAQ: PGIC, $8.20, Buy - Price Target: $11) Founded in 1986, Mikohn Gaming Corporation, d/b/a Progressive Gaming International Corp., is a leading supplier to gaming operators worldwide. The company began as a supplier of progressive jackpot systems. During the 1990s, through equity (1993-IPO) and debt (1995) raises, the company funded acquisitions and internal development to diversify its product and service offerings. By August 2002, the companys capital-intensive model was mired in debt and competition was fierce. In response, the company began a major restructuring, which entailed a shift in the overall business strategy from Built and Serviced by to Licensed from. Today, licensed in over 200 jurisdictions worldwide, the company is a leading worldwide provider of innovative technology-based products for gaming operators concentrated in table and slot game content and software systems.