Could it be
Montipora Digitata?
Often called Velvet [generally] and for the Digitata called Velvet Finger?
It's a small polyp stony .... normally encrusting on the base, with a tan `tip' of new growth on new branches ... the rest should be covered in small little polyps that are extended in whatever color it is [orange, green most common, pink, purple, many others out there]. Sounds like maybe most of the polyps aren't out on the one you were looking at? I'd check into that ... as that's not a good sign IMO ... but I don't know everything either.
As for pics, check out:
http://www.thereeftank.com/forums/sh...ight=Montipora
http://www.thereeftank.com/forums/sh...ight=Montipora
What kind of light/system do you have? They're pretty light loving, and do like a lot of flow ... but among the most tolerant that way for
SPS corals.
Search on Montipora ... IME they're great SPS to start with. Less light-demanding as Acroporas, pretty fast growth with high calcium/alk levels, and quite pretty.