CSTL will report 3Q earnings next week. I've been watching the action today and most of the buys were at the ask....even though there was a big ask/bid gap.
CSTL is as explossive as WSCI and LANV with a little over 1M shares in the float. So far for the first half of 2005, the company has reported 10c/share net income. Its strongest quarters are usally 3Q and 4Q.
Castelle engages in the development, manufacture, marketing, and support of office automation systems that enable organizations to implement faxing and printing over local area networks and the Internet worldwide. The company's products comprise Fax Server, Information-on-demand systems, and LANpress. The Fax Server consists of FaxPress and FaxPress Premier, which enables network users to send, receive, route, print, store, edit, and retrieve fax transmissions from their own personal computers on a network. Information-on-demand systems include InfoPress software, which enables the access of information via touch-tone phone and a fax machine and disseminates information to a select database of fax numbers. The LANpress print servers enable users to locate printers anywhere on the network. The company sells its products through its sales force, distributors, and resellers. Castelle was founded in 1987 and is headquartered in Morgan Hill, California.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.