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Intrinsyc Software International Inc ISYRF



GREY:ISYRF - Post by User

Comment by Orillia7on Oct 31, 2011 12:23am
356 Views
Post# 19194391

RE: whats up

RE: whats upI don't see how they can do close to $3M.  They haven't done $3M in more than a year and that is when they had Destinator to sell.  Navigation is free.  I have free navigation on my Windows Phone.  All they have left is a few engineers doing service work.  I expect about $2M in revenue and more losses.  They don't spend anything on R&D, so there is no hope of new products on the horizon.  They have $10M or so in the bank and they are afraid to spend it.  I kept a couple hundred thousand shares, but if this quarter doesn't offer a pleasant surprise I will sell everything at whatever I can get.
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