The annual report actually looks good.
1.) ex ceo exercised warrents which he had to pay up for that is tantimount to "insider buying" and it was at a pretty healthy pace
2.) i will have to look at q1 last year its possible they
had some extraordinary event (they had 2 last year) which
made for tough comps this quarter
3.) Company has a good cash position, more products, and less
employees, so they sound extreemly solvent
4.) Quote from bottom of paget 2 says it all, and chalks this up to more of a value play as opposed to speculative but then again no one should buy all at once and it may be best to save for after earings are released--p2k
"At year-end, GIPS employed 27 engineers, and will continue to invest in
developing technologies and products to maintain its industry leading position.
The Company remains optimistic about the future. Strategic relationships have been strengthened with previously
existing customers, such as Nortel, Marvell, Yahoo!, IBM, and others. Expanded product offerings, continued
growth in the VoIP market, a healthy cash position, and the acquisition of Crystal Voice Communications
position the company for strong growth potential in 2007."
