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Re: hweb2 post# 167574

Wednesday, 09/02/2015 3:56:29 PM

Wednesday, September 02, 2015 3:56:29 PM

Post# of 173936
Snagged a few more CSPI. Anyone look at this one lately? Huge 7.7% dividend yield and should have a very favorable comp coming up. Plus according to this CEO commentary, their products are used by high frequency traders?? Hello! Could be a big quarter for that division considering the crazy market.

From the last earnings PR:

"We also posted another strong quarter from Myricom's historical product suite, which we initially had expected to decline over time. Sales of these products have surpassed our expectations and our sales force is being very aggressive in continuing to drive demand. We recently announced the general availability of the fourth generation of Myricom network adapters for the financial services market, where they are being used in high-frequency trading. We expect sales of these products to ramp up as we flow products through the channel. In addition to the financial services product, we shipped Alpha versions of the new 10 gig packet capture product at the end of Q3. We expect to ship the Alpha version of the 100 gig packet capture product in the first quarter of 2016."
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