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.