Savvy Trades and Investments

[2morrowsGains]

CSPI...Hidden in the most recent cc is the announcement of CSPI partnering w/ European companies Claranet & QSC for Managed Services and Security Management. Check these two companies out...
http://www.claranet.com/about/who-we-are.html
https://www.qsc.de/en/
From the cc..."We partnered with two established and well known European managed service providers, Claranet & QSC, to accelerate our progress in the area. These new formed partnerships have proven helpful in building our Managed Sevice pipeline."
In the Q&A of the cc CSPI talks about this partnership being early stage and the customer base is in the thousands.

Couple other notes...

In the US...
- The Managed Services pipeline continues to grow.
- The portion of sales w/ recurring revenue stream is growing.
- Hired additional engineers to support future demand.
- Growing on trends of cloud based computing.

In Germany
- Seeking more engineers to support growth.

In the UK...
- Focusing on security products and away from the generic data center business.
- New sales team is in place to focus on high margin business and cost cutting.

All in all, my opinion is this is a strong hold heading into next year. I like the 8% yield, but even more, I like the Form 4 showing Azeri buying shares last week!!!

BTW, on a side note, regarding CSPI's NEW partnership w/ Claranet & QSC...
Here's the answer to a caller's question as to why these 2 companies would want to deal w/ CSPI...
"In Germany for years, for over a decade, we're known for one of the best security organizations around. We handle a lot of large organization security needs and have done that successfully. So the reputation that we have in Germany has been second to none. So with our reputation, and what we can offer, that's the value we're providing."

Link to cc can be found here...
http://investorrelations.cspi.com/investor-relations/investor-home/default.aspx