Sunday, October 13, 2013 1:56:08 PM
"GigOptix's Chairman and CEO, Dr. Avi Katz, credits the use of a strong strategic business plan and the deep understanding of future technology needs - mainly 100G and 400G - with the company's 916% revenue growth."
Didn't they announce shortly after this that revenue would be down and cut the salaries for 2 quarters before restoring the salaries because sure enough they were correct and only lost 30% of the business?
http://ir.gigoptix.com/phoenix.zhtml?c=225697&p=irol-newsArticle&ID=1758701&highlight=
Sorry but these latest bonuses, I mean you can not make this stuff up.
Good Luck with this one, I have to admit I was wrong so far it has managed to stay above a buck and the reverse split that they approved hasn't happened, YET.
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