Sharing Knowledge in Smallcaps

[randangie1]

Hi All,

KauaiPI asked me to post some info about CLSI over here. It's got its good points & its bad so here goes.

It's got the best fundemental, financial background you will find in a low priced BB stock. You won't find one better. They make a profit every qrt & it is almost guarenteed they will continue to. They get a percentage of each ticket issued from their clients so as long as Jacksonville, Fl.(example) continues to write tickets, Clancys will make money.

They are growing at a slow but consistent rate & I expect it to continue. I think it is *possible* that they will grow faster in the future if a few of their products take off. They added more BART parking lately & also are working on several other clients. ParkByPhone is their latest feature.

The Bad... A former insider...Brodbeck has 26 Million shares & will probably sell until they are gone. That is the #1 problem & #2 is that the company does not do much to promote themselves. They don't issues shares so they have no need to "pump" the price up themselves. Thus volume is rather low at times & this is a deterent. I still think it is a good investment but be aware it is not a short term play...it will take time but the risk/reward is good. I don't think there is much downside risk & once Brodbeck is finished the price will move. IMHO Good luck.

Randy

PS.. I am fairly confident that the next 10Q will show a nice jump in profit but that is JMHO.